Posts Tagged ‘Invalda INVL’
INVL Private Equity Fund II completes acquisition of Estonia’s largest waste management group Eesti Keskkonnateenused
One of the largest private equity funds in CEE, INVL Private Equity Fund II, has completed the acquisition of a 75% stake in Eesti Keskkonnateenused (EKT), the largest waste management group in Estonia.
While this is the fund’s first investment in Estonia, the acquisition builds on its team’s strong experience in the sector. Back in 2020, the predecessor fund, INVL Baltic Sea Growth Fund, acquired a controlling stake in Eco Baltia, which during the investment period was developed into the largest environmental resource management and recycling group in the Baltics.
“With this transaction, we are backing a strong Estonian market leader with consistent performance. Drawing on our experience with Eco Baltia, we aim to assist EKT in growing and thriving in Estonia’s circular economy. Having more than EUR 400 million to invest, we plan to further support the expansion of EKT and seek other investment opportunities in Estonia and abroad,” said Vytautas Plunksnis, Partner at INVL Private Equity Fund II and INVL Baltic Sea Growth Fund.
Read full announcement (external link)
Originally published on 12 Nov
Read MoreINVL Baltic Farmland announced operating forecasts for this year and planned dividends
INVL Baltic Farmland, a company that invests in agricultural land, announced its operating forecasts for this year along with planned dividends and decisions that are being proposed to the shareholders’ meeting. The company plans to earn a net profit of EUR 460,000 and have consolidated revenue of EUR 890,000 this year. This forecast assumes that during 2025 the value of land holdings will not change, no new agreements on the purchase or sale of land will be signed, and there will be no change in the impairment of trade receivables and no impact of trade receivables on the size of the administration fee.
Read full announcement (external link)
Originally published on 21 Mar
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