INVL completed the acquisition of a 48% stake in MBL Group.

INVL Baltic Sea Growth Fund, a private equity investment fund, completed the acquisition of a 48% stake in MBL Group, a manufacturer of medical mobility devices. Financial terms were not disclosed. “We are very excited to continue investing in the broader healthcare sector which offers enormous growth opportunities in Europe and beyond. We are delighted to be partnering with the Lauritsen family who have built MBL into a true world leader of medical mobility devices with a proven track record for R&D and innovation. We are confident that MBL will continue to cement this position by expanding its product range which significantly benefits the quality of life for those who depend on MBL’s products,” Nerijus Drobavičius, INVL Partner.