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New Deal


Announced

Completed

INVL Baltic Sea Growth Fund completed the acquisition of a 52.81% stake in Eco Baltia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For53%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Environmental / Waste Management

Lithuania

environmental solutions

Majority

Single Bidder

Private Equity

Private

Completed

Acquisition

Friendly

Cross Border

Synopsis

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INVL Baltic Sea Growth Fund, the largest private equity investment fund for the Baltic region, completed the acquisition of a 52.81% stake in Eco Baltia, an environment management group. Financial terms were not disclosed. "We have a long-term growth plan to invest significant capital and expertise into Eco Baltia and view the company as sitting favourably at the forefront of a thriving circular economy for the Baltic region. The world we live in has a duty to promote recycling as we seek to achieve a better level of sustainability and greener targets and with its plastic recycling and waste collection divisions, Eco Baltia is therefore a very exciting company to help achieve these goals," Vytautas Plunksnis, INVL Baltic Sea Growth Fund Partner.

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