Livonia Partners has sold 33.34% of Freor LT
September 2024 — Livonia Partners, a leading pan-Baltic private equity investment fund, has sold its 33.34% stake in Freor LT, a Lithuania-based commercial refrigeration manufacturer, to its majority shareholder.
Freor LT manufactures and supplies refrigeration solutions which help reduce environmental impact and energy usage. Its customers are food retailers across Europe and beyond. Freor LT is a technology leader in an industry which is rapidly growing due to global trends toward more chilled and frozen food.
Livonia Partners acquired a 33% stake in Freor LT in 2018, with the company’s founder and CEO, Rytis Bernatonis, retaining a majority stake. During the six years that followed, Freor LT moved into a new manufacturing facility, expanded its product portfolio, expanded its export geography to 55 countries and grew sales two-and-a-half times. Bernatonis has now bought out the company and has the controlling stake in Freor LT.
Our role in the transaction
Oaklins’ team in Lithuania acted as the exclusive sell-side advisor to Livonia Partners in this transaction.
Contáctese con el equipo de la transacción
Transacciones relacionadas
Capvis has sold hessnatur to Wourth Group
Hess Natur-Textilien GmbH & Co. KG has become part of the international Wourth Group. With the change of ownership from Capvis to Wourth Group, hessnatur is entering its next phase of development. The transaction reflects the company’s successful strategic and business development in recent years, and creates a strong foundation for the future.
Aprenda másNymann Kloak- & Miljøservice has been acquired by Serwent Group
Nymann Kloak- & Miljøservice has been acquired by Serwent Group. The acquisition expands Serwent’s footprint in Denmark while broadening its service offering and strengthening capacity across its existing platform. This transaction further supports Serwent’s ambition to become the leading Nordic operator in underground infrastructure maintenance.
Aprenda másLife & Mobility has attracted investor Bolster Investment Partners
Life & Mobility, a leading developer and manufacturer of premium mobility and rehabilitation solutions, has welcomed Bolster Investment Partners as a new shareholder. The partnership provides Life & Mobility with a strong long-term partner to support the company’s next phase of growth, with a continued focus on product innovation, strengthening its leading market position and further international expansion. The company’s mission remains to enhance the mobility, independence and quality of life of end users through innovative, sustainable and circular mobility solutions designed for multiple life cycles.
Aprenda más