Announced

Ogmios Group to acquire a majority stake in LIVIN from Baltcap.

Synopsis

Ogmios Group, a commercial real estate development group based in Lithuania, agreed to acquire a majority stake in LIVIN, a specialized healthy food and non-food product retail brand in Lithuania, from BaltCap, a private equity and venture capital investor. Financial terms were not disclosed. As a commercial real estate developer and landlord, acquiring a retail chain like LIVIN guarantees a reliable anchor tenant for their own shopping centers (like Ogmios Miestas), creating internal efficiencies and optimizing occupancy.

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MergerLinks - Ogmios Group to acquire a majority stake in LIVIN from Baltcap.