BRAVO International Group to continue its growth story under new ownership
EMSA Capital is proud to announce its exit from Aplast.
EMSA Capital has the pleasure to announce it has exited its 100% shareholding in Aplast, a leading supplier of PVC windows and doors, to Extruplast, a Romanian extruder of PVC profiles.
Since EMSA’s acquisition of Aplast, the company successfully re-focused its core business from the traditional distribution model into both standard and cut-to-size segments in DIY chains. Aplast is currently the largest supplier of PVC windows to DIY chains in Romania and very close to that position in Italy.
Teaming up with Extruplast is a positive news for Aplast. As a vertically integrated group, it will be able to better compete against European competitors but mostly against imports from cheaper countries.
Cristian Tamasan, the owner and CEO of Extruplast stated: “By buying-out Aplast, our group will be able to offer customized solutions to European DIY chains. Through our ongoing cooperation with brand-name profile producers such as Veka, we will be able to provide a complete offering from standard and economy segments, as well as made-to-measure products and associated services.”
Rastislav Brabec, Director at EMSA Capital adds: “Win-win for both sides. Profile producer gets access to large institutional clients with growth potential in custom made windows segment and window producer secures price stability of the most expensive component – profiles.”
Rastislav Brabec and Tomas Holly served as interim CEO of Aplast since 2025, demonstrating EMSA Capital’s operational acumen and the ability to step-into portfolio companies when needed.
EMSA Capital is proud to have contributed to safeguarding a significant number of jobs in the region and to supporting the continued development of the company. We are pleased to hand over a well-functioning business that today provides employment for more than 250 people, while operating in line with ESG standards and principles of sustainable, responsible corporate development.
Clairfield International Austria, led by Berend Yntema, served as the M&A transaction adviser. RTPR, led by Alina Stavaru served as legal counsel in Romania. CMS Reich-Rohrwig Heinz led by Dr. Martin Zuffer served as legal adviser in Austria.
About Aplast
Aplast is a Romanian manufacturer of PVC windows and doors, active for over 25 years in the thermal insulation joinery market. We are a continuously expanding company, with presence in Central and Eastern Europe, Belgium, France and Italy. We have strengthened our market position through a dual sales strategy: standardized products available in major DIY retail chains, where customers can find a wide range of double-glazed windows and doors in standard sizes — easily accessible and always in stock — and customized solutions offered through our partner network. Our success is built on a passionate team of professionals, enabling us to constantly innovate. Through continuous investment in cutting-edge technologies and production process optimization, we deliver high-quality products that meet the highest standards of comfort, safety, and energy efficiency.
About Extruplast
Extruplast Group is a privately held Romanian company with over 20 years of experience in design, manufacturing and distribution of uPVC profiles and related systems for windows and doors. Since its inception, the company’s mission has been to produce the highest quality uPVC extrusions available. This goal encompassed the development of advanced extrusion production techniques for 4, 5 and 6 chamber uPVC profile systems. Today, high volume, high quality production is assured by 10 state-of-art extrusion lines supplied by Greiner Extrusiontehnik Group (Austria) and Kraus Maffei (Germany), which deliver an annual capacity of over 9,000 tons.
About EMSA Capital
EMSA Capital is a private equity firm investing in underperforming, distressed and other special situation companies across Central and Eastern Europe. EMSA Capital professionals take an active role in the portfolio investments in order to improve their performance for the benefit of shareholders and other stakeholders. They create value by effectively applying their tested and successful restructuring and performance improvement methods. For more information, please visit www.emsacap.com.
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