The largest transport infrastructure design group in Lithuania has been sold

100% of the capital of the sale transaction is not disclosed, reports Kelprojektas. Following this, the company will continue to operate under the same name and brand.

Tyrens is a consulting firm in infrastructure and design construction. In addition to the main company Kelprojektas, it also brings together the following subsidiaries: ICCON Infrastructure and City Consultants in Sweden, and Urbanistiką and Kelvistą in Lithuania

"We consider the acquisition of the company Kelprojektas as an important strategic step in which we are aiming for international supply and activity in key markets.We know each other perfectly: companies share both the common experience gained with the projects and the principles of operation – l & 39; use of innovative technologies, an approach to solving the challenges our customers face and the values ​​we follow Algimantas Medžiaušis, CEO of Kelprojektas, says the new shareholder will allow the company to expand the list of services offered at the market

The director of "Kelprojektas", Algimantas Medžiaušis, CEO of Kelproje ktas, says the new shareholder will allow the company to expand the list of services offered to the market. "By cooperating with the new shareholder, we will continue to provide our clients with the highest quality design and consulting services, enriching them and enriching them with international expertise and a range of services much wider. "

Kelprojektas the only infrastructure design company that designs communications communications, public buildings, engineering networks, land-use planning, maintenance services. The company's activities include bridge design, road and rail, as well as construction engineering, geotechnical and environmental engineering.

The Kelprojektas group employs about 250 people. Consolidated financial statements for 2017 the company has not yet submitted the register to the center. According to "Kelprojektas", the group 's business figure was about 10 million last year. Eur

Total business turnover of businesses in 2017 amounts to about 10 million Eur

Tyrens provides solutions for urban development and infrastructure. There are around 2,400 employees in Sweden, Denmark, the United Kingdom and Estonia. According to the credit agency "Creditsafe", in 2016 The consolidated business figure of the company amounts to 189.7 million euros. Eur.

The seller's financial advisors during the transaction were Summa Advisers, an investment banking company and Carnegie, Swedish investment advisor and Sorainen law firm.

The fourth transaction of this year

Šarūnas Alekna, chief investment officer of BaltCap, said that Kelprojektas fund managers and executives managed to form a group of companies before advising an international group. Photo: 1left

"This transaction is an evaluation of the skills and opportunities of the company in the international market, and for us it is a logical conclusion of the acquisition, the culture and on the other hand, the BaltCap funds have accumulated solid capital resources, at the same time, actively developing new acquisitions ", – quotes Mr Pabriks. Alekna

This is already the fourth sale of companies managed by BaltCap funds this year. In addition to this, Magnetic MRO, a service rental company, Runway BPO, and the TREV-2 group, a group of road construction and infrastructure construction companies, were sold this year.

Simon Gustain, a leading partner of BaltCap, said in May of this year that the company will realize some of the investment and will update its investment portfolio. Baltic companies in which BaltCap has invested include Fitek, Ecoservice, Trafi, Caffeine, InMedica and many others.

VZ wrote that Caffeine coffee in this L 'buyer is sought after.

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