Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Thursday, 09.07.2020, 00:53

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Lithuania's NDX Group sells Swedish dog food producer Doggy

Lithuania's NDX Group sells Swedish dog food producer Doggy

03.07.2020

NDX Group, an investment company indirectly controlled by Lithuanian businessman Nerijus Numa, signed a contract on June 30 on the sale of its stake in Swedish dog food producer Doggy it bought in 2015, reported LETA/BNS.

Keyword tags: EU – Baltic States, Lithuania, Markets and Companies, Mergers and take-overs



Seesam, Compensa complete merger

Seesam, Compensa complete merger

01.07.2020

The insurers Seesam and Compensa belonging to Vienna Insurance Group (VIG) have merged with the permission of the relevant authorities and, from July 1, will operate under the name Compensa Vienna Insurance Group, cites LETA/BNS.

INVL Baltic Sea Growth Fund plans to expand Eco Baltia business in Baltics and Poland during next five years

INVL Baltic Sea Growth Fund plans to expand Eco Baltia business in Baltics and Poland during next five years

30.06.2020

INVL Baltic Sea Growth Fund, the largest shareholder in environmental management company Eco Baltia, plans to expand Eco Baltia business in the Baltics and Poland during the next five years, as private investment fund INVL Baltic Sea Growth Fund Partner Vytautas Plunksnis said LETA.


Chapman Freeborn acquires Germany's Arcus Air Logistics

Chapman Freeborn acquires Germany's Arcus Air Logistics

19.06.2020

Chapman Freeborn, a British aircraft charter company that is part of the Avia Solutions Group (ASG), owned by Lithuanian businessman Gediminas Ziemelis, has acquired German company Arcus Air Logistics., informed ASG.

London-listed Boku buys Estonia's Fortumo for EUR 40 mln

London-listed Boku buys Estonia's Fortumo for EUR 40 mln

18.06.2020

The London-based company Boku has bought Fortumo, a mobile payment solutions provider founded by Estonians Rain Rannu and Veljo Otsason, for approximately 40 mln euros, according to the Postimees information reported LETA/BNS.


11.06.2020

Amber Beverage Group considering acquisition of 49% stake in Lido

Luxembourg-registered Amber Beverage Group is considering acquisition of a 49% stake in Latvia's Lido restaurant chain, LETA learned from Amber Beverage Group.

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