INVL Baltic Sea Growth Fund completed the acquisition of Pehart Group.

INVL Baltic Sea Growth Fund, a private equity firm, completed the acquisition of Pehart Group, a paper production company based in Romania. Finaical terms were not disclosed. ”With the completion of the transaction with INVL Baltic Sea Growth Fund, we are honoured to join the leading private equity fund in the Baltics and benefit from its vision and expertise. We see this partnership as an opportunity to accelerate our development plans and strengthen Pehart Group's position as a regional leader in the paper products industry. We will continue to invest in cutting edge technologies, diversify our product portfolio and expand our presence in international markets. We thank our previous partners, Abris Capital Partners, for their support in achieving our growth objectives in the past years. We look confidently to the future and are ready to capitalize on new opportunities together with INVL Baltic Sea Growth Fund,” Gabriel Stanciu, Pehart Group CEO.