Bauhof Group AS has been acquired by Ermi Group, a subsidiary of Vilniaus Prekyba
MyInvest Estonia, a consortium of local private investors, has sold Estonian DIY chain Bauhof Group AS to Ermi Group, a subsidiary of the Baltics' largest retail group, Vilniaus Prekyba. This transaction has resulted in the creation of the region's third largest DIY group, with strong market positions in Estonia and Lithuania.
Bauhof leads the Estonian building materials retail DIY market. In 2017, the company reported sales of US$106 million and net profit of US$4 million. Bauhof has 13 stores and 450 employees.
Ermi Group, a subsidiary of Vilniaus Prekyba, operates the group's DIY chains in Lithuania under the Ermitažas brand. Vilniaus Prekyba is a private holding headquartered in Vilnius, Lithuania, that oversees, controls and manages a group of subsidiary companies operating retail and pharmacy chains, real estate development and shopping centers lease, and management companies in the Baltic states, Poland, Bulgaria and Ukraine.
Oaklins' team in Estonia acted as the exclusive sell-side advisor to MyInvest Estonia.



Mart Vau
Member of the Supervisory Council, Bauhof Group AS
Talk to the deal team
Related deals
Toivo Group has succesfully transferred to the Main Market of Nasdaq Helsinki
Toivo Group Plc has taken a significant strategic step by transferring to the Main Market of Nasdaq Helsinki. This move supports the company’s ambition for sustainable growth and reinforces its position as a key player in the Finnish residential development sector.
Learn moreNational World PLC has been acquired by Media Concierge Holdings Ltd
Media Concierge has acquired National World a UK-based multimedia company with a diverse portfolio of regional and national digital and print brands. The acquisition marks a new chapter for National World, which publishes over 100 regional news brands, including The Yorkshire Post and The Scotsman. Media Concierge, owned by Malcolm Denmark, has stated its intention to support National World's existing model of building a sustainable and independent news business.
Learn moreTrodo has secured financing from SEB Bank to buy out minority shareholder
Trodo, a leading e-commerce brand for automotive spare parts and accessories, has successfully secured a senior debt facility from SEB Bank. The financing enabled the company to buy out its Norwegian shareholder, a long-term business partner who played a pivotal role in establishing Trodo’s operations in Norway during its early years.
Learn more