BaltCap Fund buys Livinn and Biosala ecological store chains



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Published: 2019-01-29 16:25

Judit Grigely

Photo of Judit Grigelyts (V)

The BaltCap Growth Fund (BGF), the largest private equity fund manager in the Baltic States, has signed a 100% organic commodity network agreement with Livinn and Biosala, a wholly owned subsidiary of Healthy Products and Bio Sala. The Competition Council will still be necessary for this transaction.

As announced in a BGF report, the two networks link 18 mammal stores and online stores.

In 2017, the total annual revenue of the company BGF was 615 million. Eur.

According to Creditinfo, the company's Healthy Products revenue in 2017 was 3 million. Eur has 58 employees. Bio Island with 40 employees reached 1.73 million Eur.

Since last year, the company has been reorganizing 100% Hi product perm Bio room. Bernard Tautkus, chief executive officer, V said he would not comment on the merger until the Competition Council's approval was obtained.

Comment by Rayti

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