Goldlight has been acquired by Grenardi Group
AS Grenardi Group, the largest Baltic jewelry retailer, has acquired Goldlight.
Goldlight is a well-known jewelry retail brand operating at 10 locations in the largest shopping centers in Riga, Latvia. The company has established a robust brand presence, ranking as the fourth-largest jewelry retail chain by number of locations in Riga.
AS Grenardi Group is the parent company of GIVEN and GRENARDI, two distinct jewelry retail brands in the Baltics. The company operates 91 stores in total, including 74 GIVEN chain stores, seven GRENARDI chain stores and 10 GOLDLIGHT chain stores, as well as six online stores. GIVEN is a jewelry brand that represents joy, beauty, love, creativity and sustainability. This is reflected in the design of its jewelry, its unique brand collections and carefully considered details that make the valuable accessible. GRENARDI has been a leading luxury jewelry retail chain in Latvia and Estonia for over 20 years. It offers an extensive assortment of world-renowned luxury jewelry brands and sophisticated private collections.
Oaklins’ team in Latvia acted as the M&A advisor to the founder of Goldlight in this transaction.
Tatjana Paulane
Shareholder and CEO, Goldlight
Talk to the deal team
Related deals
A share exchange agreement for making NARUMIYA a wholly owned subsidiary of World has been executed
World Co., Ltd. and NARUMIYA INTERNATIONAL Co., Ltd. have entered into a definitive share exchange agreement, under which World will acquire all outstanding shares of NARUMIYA and make it a wholly owned subsidiary. The share exchange is scheduled to take effect on 1 October 2025. Under the terms of the agreement, NARUMIYA shareholders will receive 0.58 shares of World stock for each Narumiya share they hold.
Learn moreRoxy Nails has sold a minority stake to Cap Invest and Premius Capital
Roxy Nails has sold a minority stake to Cap Invest and Premius Capital, enabling the brand to accelerate growth, expand internationally and strengthen its capabilities by structuring teams and hiring new talent.
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 more