INVL Baltic Sea Growth Fund acquires shares in Romania's largest tissue paper producer, Pehart Group.

INVL Baltic Sea Growth Fund, a leading Baltic private equity firm, has signed an agreement to acquire shares in Pehart Group, Romania's largest tissue paper producer. Pehart, founded in 1846, operates in 19 countries and generated €168 million in revenue in 2023. The acquisition, expected to close in Q1 2025 with regulatory approvals, aims to enhance INVL's presence in the Romanian market and support Pehart's growth.

3 months ago
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