Smiltenes Piens has been acquired by a Private investor
Private investor Armands Kovaldins has acquired over 96% of Smiltenes Piens, one of the largest dairy producers in Latvia.
Smiltenes Piens is a dairy company that produces different types of cheese: fresh, semi-hard, melted and smoked cheese. Other products include sour cream, cottage cheese, butter, dairy desserts and an innovative whey protein drink, Piena Spēks. The company holds a significant market share in the Latvian dairy market, as its products are widely recognized by domestic consumers. Smiltenes Piens has shown consistent revenues and margin growth during the last decade.
Armands Kovaldins was backed by the alternative capital fund BPM Mezzanine Fund who provided financing for the transaction.
Oaklins' team in Latvia advised the sellers Gita Mūrniece and Ģirts Strads in this transaction.
Co-owner, Smiltenes Piens
Talk to the deal team
Managing DirectorRiga, Latvia
Stadtmühle Schenk AG has been acquired by Kowema AG
The owners of Stadtmühle Schenk AG have sold the company to Kowema AG, an optimal buyer that will guarantee the continuation of the business in the future. The two parties have agreed not to disclose the sale price.Learn more
BreadTalk Group Limited has been acquired by BTG Holding Company Pte. Ltd.
BreadTalk Group Limited has been sold to BTG Holding Company Pte. Ltd.Learn more
Perrigo has sold Solens to Laboratoires Sicobel-PharmUp
Perrigo France, a global player in the consumer healthcare market, has sold Solens to Laboratoires Sicobel-PharmUp.Learn more