Household chemical manufacturer Spodrība has been sold to Naujoji Ringuva
Naujoji Ringuva AB has acquired Spodrība.
Naujoji Ringuva is a Lithuanian-based producer of home cleaning and body care products, with priority to eco-friendliness, naturalness and innovation. It has a strong brand portfolio, including Balance, Ringuva, Smile and Tindi. The company’s strategy is to grow through the production of natural and ecological detergents and personal care products.
Spodrība is a Latvian-based producer of ecological household cleaning and personal hygiene products. It develops products in line with the eco-friendliness strategy and owns Seal, Eco, Kastanis, VITO and other brands.
Oaklins’ team in Lithuania acted as advisor to the buyer in this transaction.
Talk to the deal team
Leading manufacturer of luxury beds SCHRAMM acquired by Spanish Flex Bedding Group
The shareholders of SCHRAMM Werkstätten GmbH have sold the company to Flex Equipos De Descanso, S.A.Learn more
Ro&Zo has completed a first-ever external funding round
Ro&Zo has raised funds to drive its direct-to-consumer business by raising awareness of its brand, develop its operations capability and scale the business in the UK. Pembroke, the highly regarded consumer focused VCT, has invested over US$1.7million in the business.Learn more
The Peach Pub Company has been acquired by Revolution Bars Group
The founders of The Peach Pub Company have sold the business to Revolution Bars Group plc.Learn more