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
Senior AnalystVilnius, Lithuania
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