Livonia Partners has sold 33.34% of Freor LT
Livonia Partners, a leading pan-Baltic private equity investment fund, has sold its 33.34% stake in Freor LT, a Lithuania-based commercial refrigeration manufacturer, to its majority shareholder.
Freor LT manufactures and supplies refrigeration solutions which help reduce environmental impact and energy usage. Its customers are food retailers across Europe and beyond. Freor LT is a technology leader in an industry which is rapidly growing due to global trends toward more chilled and frozen food.
Livonia Partners acquired a 33% stake in Freor LT in 2018, with the company’s founder and CEO, Rytis Bernatonis, retaining a majority stake. During the six years that followed, Freor LT moved into a new manufacturing facility, expanded its product portfolio, expanded its export geography to 55 countries and grew sales two-and-a-half times. Bernatonis has now bought out the company and has the controlling stake in Freor LT.
Oaklins’ team in Lithuania acted as the exclusive sell-side advisor to Livonia Partners in this transaction.
联系交易团队
相关交易
Mark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.
更多信息Grupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
更多信息Jeco Energies has sold a significant minority interest to NPM Capital
NPM Capital has acquired a significant minority interest in Jeco Energies. By teaming up with NPM Capital, Jeco Energies is ready for the next step in its remarkable growth trajectory and strengthening its position as the leading industrial energy solutions provider.
更多信息