Auctus Capital advised label printing business SIA Impaks on sale to Italian label group Tikedo.
At the beginning of October, the Tikedo Group, through Auctus Capital, finalised its first transaction in Northern Europe, acquiring 75% of the shares in the Latvian label manufacturer SIA Impaks. According to Tikedo CEO Vito Giurazza, this transaction is a major milestone in Tikedo Group's growth strategy, strengthening the company's position in the development of wine and spirits labels.
EMJ Metals with Auctus Capital attracts a strategic partner - a global metalworking giant AMARI Metals.
A major strategic investor attraction was finalised last week between American metals giant AMARI Metals and Latvian metalworking company EMJ Metals with the help of Auctus Capital. Although the amount of the deal is not disclosed, Auctus Capital representatives point out that it is the largest investment transaction in the Baltic metalworking sector by an American company Amari Metals to date.
AS BALTU VETERINARIJA acquires
AS BALTU VETERINĀRIJA (BALTUVET), one of the highly valued market players in the field of livestock care and veterinary products distribution, has acquired SIA BIAFARMA - an agricultural services company operating since 2000 in the eastern part of Latvia and successfully engaged in the wholesale and delivery of feed, supplementary feed and livestock hygiene products as well as retail sales in its own network of eight stores.
1000 ha AGRICULTURAL LAND IN DAGDA
This autumn, the Danish investor-owned SIA "Brīvība" concluded a land sale of around 1000 ha in Krāslava region. The majority of the transaction consisted of agricultural land and industrial buildings, the buyer of which is a Latvian farm. AUCTUS CAPITAL, the exclusive advisor to the transaction, points out that this is a positive example in the development of Latvian farms, which has allowed to significantly increase the land area of the local farm and grow production volumes.
LATAKKO BECOMES PART OF THE SCANDINAVIAN NORDIC TYRE GROUP
Latakko SIA, one of the largest independent tyre wholesalers and retailers, will become part of the Nordic Tyre Group in Scandinavia.
According to the company, the transaction is subject to the approval of the market regulators. The transaction was advised by Auctus Capital (M&A advisory) and drill (legal advisory).
COVID RESTRICTIONS ARE NOT AN OBSTACLE TO THE DEVELOPMENT OF M&A TRANSACTIONS
The Covid pandemic does not mean that business will stop, on the contrary, the current changes offer a number of convenient advantages, such as the possibility of remote transactions.
On 1 February this year, a sale and purchase transaction was concluded entirely through remote communication between IRVE Ltd. and ELIS Tekstila Serviss AS, in which AUCTUS CAPITAL represented the shareholders of IRVE on the Selling Side.
BUSINESS VALUATION - A NECESSITY OR A FORMALITY?
Business valuation involves a series of steps that are implemented when a business transaction takes place. What are these transactions and how crucial can business valuation be in each case?
A GLIMPSE INTO THE FUTURE OF FORESTRY
Forests - Latvia's green gold. Sustainability and value, often equated with forestry as one of the most economically important sectors in Latvia, also from a historical perspective. Although exports of wood and wood products, one of Latvia's most profitable export sectors, are growing year on year, the planting and maintenance of forests is no less important. According to the Central Statistical Office
Latvia's forest area and timber stock are increasing year on year, thus increasing the positive impact of forests on the economy.
MIG BALTIC BECOMES A DIY MARKET PLAYER
In 2020, DIY is the least affected area of the retail sector, where sales have even increased despite the Covid-19 restrictions and the decline in the Consumer Confidence Index. The market for building materials, household goods and tools has grown steadily over the last five years.