INVL Baltic Sea Growth Fund to acquire Montuotojas.

INVL Baltic Sea Growth Fund, the largest private equity investment fund in the Baltic States, has agreed to acquire Montuotojas, Lithuanian metal processing and industrial construction company. Financial terms were not disclosed. “The current senior team at Montuotojas is proud to have given between 30 to 40 years of service to this great company and are happy that generational change will allow the company to become even stronger. We have chosen one of the strongest investors in the Baltic region and are very confident that INVL Baltic Sea Growth Fund will be able to actively support the company as it expands into new geographies and strengthens its current position” Alfonsas Jaras, Montuotojas CEO.