Go to deals
Construction & Engineering Services | Consumer & Retail

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.

Service
M&A sell-side
Parties
“We were very pleased with the results that Oaklins delivered. It was a challenging process and situation in many regards but through very close communication and coordinated action we were able to achieve and even exceed our goals!”

Mart Vau

Member of the Supervisory Council, Bauhof Group AS

Talk to the deal team

 Heikki  Källu

Heikki Källu

Partner

Tallinn, Estonia
Oaklins Baltics
 Rain  Tamm

Rain Tamm

Partner

Tallinn, Estonia
Oaklins Baltics
 Jüri  Härm

Jüri Härm

Senior Associate

Tallinn, Estonia
Oaklins Baltics

Related deals

OFFIX Holding and Office World Holding bundled their activities into the newly formed JV Office World Group
Business Support Services | Consumer & Retail | Other Industries | TMT

OFFIX Holding and Office World Holding bundled their activities into the newly formed JV Office World Group

OFFIX Holding AG and Office World Holding AG have bundled their businesses into the newly founded Office World Group AG. Office World Holding brings its subsidiaries Office World, iba and Tramondi, and OFFIX brings its companies Papedis, Ecomedia, Oridis, Office Leader and DocuServ into the new Office World Group AG. The merger creates a Swiss group that will be represented throughout the country, generating sales of approximately US$400 million with just under 600 employees.

Learn more
Zoofy has raised growth capital for its expansion into Germany
Private Equity | Construction & Engineering Services | TMT

Zoofy has raised growth capital for its expansion into Germany

Zoofy, an Amsterdam-based platform connecting professional handymen with consumers and businesses, has raised growth capital from a private investor for its expansion into Germany. The company expects to launch its German platform in the second quarter of this year.

Learn more
CAPZA and RAISE Impact have invested in Oui Care to accelerate its internal and external growth strategies
Consumer & Retail

CAPZA and RAISE Impact have invested in Oui Care to accelerate its internal and external growth strategies

The shareholders and management of Oui Care have raised funds and restructured its debt for up to US$78.5 million (US$42.2 million for external growth and US$36.3 million in refinancing). This investment will support Oui Care and its management in this new stage of development.

Learn more