Creation of the third largest DIY group in the Baltics

DEAL FLASH:

Oaklins’ team in the Baltic region has advised Mylnvest Estonia, a consortium of private investors, on the sale of the DIY chain Bauhof Group AS to Ermi Group, a subsidiary of the Baltics’ largest retail group, Vilniaus Prekyba.

This acquisition will bring immediate sourcing synergies to Vilniaus Prekyba in their domestic market in addition to strengthening the group’s presence in Estonia.

Read more about the transaction, market trends, deal drivers and M&A valuation aspects.