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

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.