Sangaida has been acquired by Gemoss
May 2025 — The Latvian hospitality supplier Gemoss has acquired 100% of the shares of the Lithuanian company Sangaida, expanding its presence in the Baltic market. Both companies specialize in the sale of professional machinery, equipment, dishes and accessories for the hotels, restaurants and catering (HoReCa) sector, and offer equipment rental, maintenance and training services. This transaction marks the next step in Gemoss’ strategy to build a regional leader in the Baltics.
Sangaida offers a wide range of products for the HoReCa sector in Lithuania, ranging from the smallest disposable and serving utensils to large professional equipment. The company represents over 200 of the world’s leading producers and brands for kitchenware, table settings, bars, restaurants and hotels.
Latvian company Gemoss is one of the leading suppliers to the hospitality industry in the Baltics, offering a full range of services including food raw materials, products and non-food goods, professional equipment, machinery, inventory rental and maintenance services.
Our role in the transaction
Oaklins’ team in Lithuania acted as the sell-side advisor to the shareholders of Sangaida.
Contáctese con el equipo de la transacción
Transacciones relacionadas
Rustins has been acquired by Remmers
Germany’s Remmers Gruppe SE has acquired UK coatings maker Rustins. The acquisition strengthens Remmers’ presence in the UK and expands its product portfolio and distribution channels. While Remmers has an established UK business focused on industrial flooring and wood coatings, Rustins brings complementary product ranges, established trade and distribution relationships and access to new customer groups in the DIY, painting and household retail sectors. Following completion, Rustins Group is wholly owned by Remmers, which has acquired all shares in Rustins Holdings Limited, including its operating company, Rustins Limited.
Aprenda másMattina Holding has sold a 5% stake in Gens Aurea via accelerated bookbuild
Mattina Holding S.A. (DVC Partners) has sold a 5% stake in Italian company Gens Aurea S.p.A. through an accelerated bookbuild, raising approximately US$69.96 million.
Aprenda másTNT has been acquired by PM Studio
TNT Group has been acquired by PM Studio Group, backed by Andera Partners, bringing together two complementary specialists in premium packaging for the beauty and luxury industries. TNT’s expertise in bespoke primary packaging complements PM Studio’s secondary packaging, gifting and creative design capabilities, creating a broader, integrated offering for major luxury brands. The transaction strengthens the group’s geographical footprint in Asia and the USA, diversifying its customer portfolio. The combined group generates over US$145 million in revenue and has approximately 150 employees worldwide. Following the transition of operational leadership to CEO Damon Kennish, the founders completed the sale to PM Studio while making a significant reinvestment alongside the management team, demonstrating their confidence in the combined group’s long-term potential. It aims to reach US$280 million in revenue by 2029 through organic growth, commercial synergies and further acquisitions.
Aprenda más