Bauhof Group AS has been acquired by Ermi Group, a subsidiary of Vilniaus Prekyba
MyInvest Estonia, a consortium of local private investors, has sold Estonian DIY chain Bauhof Group AS to Ermi Group, a subsidiary of the Baltics' largest retail group, Vilniaus Prekyba. This transaction has resulted in the creation of the region's third largest DIY group, with strong market positions in Estonia and Lithuania.
Bauhof leads the Estonian building materials retail DIY market. In 2017, the company reported sales of US$106 million and net profit of US$4 million. Bauhof has 13 stores and 450 employees.
Ermi Group, a subsidiary of Vilniaus Prekyba, operates the group's DIY chains in Lithuania under the Ermitažas brand. Vilniaus Prekyba is a private holding headquartered in Vilnius, Lithuania, that oversees, controls and manages a group of subsidiary companies operating retail and pharmacy chains, real estate development and shopping centers lease, and management companies in the Baltic states, Poland, Bulgaria and Ukraine.
Oaklins' team in Estonia acted as the exclusive sell-side advisor to MyInvest Estonia.
Mart Vau
Member of the Supervisory Council, Bauhof Group AS
Talk to the deal team
Related deals
Blue Equity is partnering with Bang & Beenfeldt
The private shareholders of Bang & Beenfeldt A/S have sold the company to Blue Equity, with a subsequent reinvestment in the new company.
Learn moreNature & Stratégie has sold Beauté Directe to Groupe Nature
Beauté Directe has been acquired by Groupe Nature, a distributor of organic health products.
Learn moreOré Peinture has been acquired by Geveko Markings, the European leader in the road marking sector
Oré Peinture has been acquired by Geveko Markings AB. This is the biggest acquisition in Geveko Markings’ almost 100-year history and customers of the combined entity will benefit from an enhanced solutions offering and a broader product range.
Learn more