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

flag 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. flag Pehart, founded in 1846, operates in 19 countries and generated €168 million in revenue in 2023. flag 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.

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