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Wednesday, 12.03.2025, 15:28
Lithuanian City Service agrees on sale of Ecoservice
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The value of the transaction is 56.6 million litas.
Shares of Ecoservice are transferred to UAB AWT Holding.
The control and controlling interest of the later shall belong to 75% share owner BaltCap Private Equity Fund II, with remaining 25% of shares in the company's possession. The transaction shall be closed after authorization from Competition Council of the Republic of Lithuania and after fulfillment of other commitments and actions of the parties provided in the agreement.
Ecoservice is a waste management company active in Lithuania, with its secondary companies engaged in the collection, transportation and processing of secondary raw materials and household waste.
BaltCap Private Equity Fund II is a private equity fund established by private equity fund manager BaltCap, which invests into share capital and expansion of small and mid-sized enterprises in the Baltics.
«The Baltic Course» Is Sold and Stays in Business!
