Inova Baltic and its investment partners are looking for attractive investment opportunties in the areas of company start-ups and small to medium size company acquisitions in the sectors with growth potential and with possible export links with Nordic markets.
We are happy to team up with Nordic businesses willing to relocate to the Baltics in order to strengthen their core business by exploring advantages available in this region.
Inova Baltic has a successfull track record in this area and is ready to share this for the benefit of your business success.
Printing house Print-it in Gargzdai, Klaipeda district and agriculture company Noragra in Sakiai district represent a couple of characteristic private equity opportunities Inova Baltic focuses on.
We are investing with Nordic investors who are the leading players in their respective fields of know how.
We offer the following range of cooperation possibilities:Venture capital» Business Relocation»
Steinar Gill (in the middle), Ambassador of Norway in Lithuania, visiting Print-it in December 2009 shows a book of the Norwegian Minister of Foreign Affairs printed in Print-it. Next to the Ambassador are Magne Reme (left), Chairman of the Board of Inova Baltic and Tomas Kocius (right), general director of Print-it.
Projects & Track Record
|Agriculture company Noragra (Paluobiai, Lithuania)»|
|Printing house Print-it (Gargzdai, Lithuania)»|
|AON Grieg market entry to Lithuania»|
We provide seed funding to early stage, high potential growth companies representing high value added and focus on exports. The management of the target company has to have proven track record as well as being ready for active participation of equity investors in strategic management team.
We provide funding and assistance in cases of business relocation from the Nordic countries to the Baltics. This would include being your partner on business establishment or acquisition as well as on solutions needed in the area of real estate.
Investment company Agriland is investment company focused on agricultural land consolidation and was initiated by Inova Baltic among Norwegian investors back in 2009. We had a view that there is a huge potential of value growth in Lithuanian agriculture. Over time investment company Agrilands has become owner of 459 ha. The land holdings are located in the area known for high quality land and a wide range of successfuly operating large agriculture companies. Investment company Agrilands has been acquiring agricultural land focusing on consolidation of small and spread around pieces of high quality land into big consolidated land units. This investment approach ensures economies of scale for agriculture companies who prefer leasing big land areas on long term basis. Investment company Agrilands has enjoyed value growth because of consistent land consolidation, good acquisition timing and management of agriculture land units. Inova Baltic acts as specialist investment manager has accumulated a lot of knowledge, business network relevant for professional management of this asset class.
Industrial group Hugaasgruppen has started its activities in Norway in year 2000 and currently owns 17 companies in Norway and Lithuania. The expansion of the company’s activities in Norway increased demand for steel constructions. To meet the growing demand Hugaasgruppen began cooperation with suppliers from Poland and Romania.
Inova Baltic started coopertion with Hugaasgruppen at the end of year 2011. In the beginning of year 2012 the business development and financing strategy in Lithuania was developed for Hugaasgruppen. Inova Baltic, conducted a feasibility study for Hugaasgruppen regarding setting up of steel construction production unit, finding real estate and financing solutions in relation to activities in Lithuania and has helped to implement Hugaasgruppen’s strategy in Lithuania. Metal – working company Hugaas Construction with production units in Klaipeda region, was established in April 2012. The company currently has more than 80 employees and has successfully implemented a number of manufacturing and construction projects for clients in Norway. Hugaasgruppen in partnership with Inova Baltic has rapidly expanded its activities in Lithuania in 2 years by establishing agricultural services company Hugaas Farming at the end of 2012, and by investing in 2013 into engineering services company established by Inova Baltic where Hugaasgruppen has become the largest shareholder in 2014. Currently, Inova Baltic acts as an investment partner and an active investment manager that helps for businesses of Hugaasgruppen in Lithuania to expand and develop competitive advantage in the key business areas.
This is a start-up project initiated by Inova Baltic back in 1998 with a view to a huge potential of value added growth in Lithuanian agriculture.Noragra owned by Norwegian investors has been acquiring land as well as developing farm infrastructure. The agriculture company currently owns and uses over 2 400 ha of land and is focusing on grain and milk business.Noragra is also one of founders and an active member of cooperative Lietuviskas Ukis uniting 8 biggest farms in Sakiai region who successfully unite their efforts in joint sales and supply.
Inova Baltic acts as finance and strategy adviser of the company and its shareholders.
Print-it is a printing house focused on production of paper cover pocket books for Nordic, Polish and Lithuanian publishers.The company is a result of acquisition in Lithuania of a former Swedish printer Geson Baltija and relocation of printing equipment of AIT Trondheim from Norway to Gargzdai in Klaipeda region in 2005-2006.The focus of private equity investors from Norway was to benefit from well structured international value creation chain where integration of prudent supply, efficient and qualified labour, cutting edge logistics to clients in the Nordic and Baltic countries would create sustainable competitive advantage. Inova Baltic acts as finance and strategy adviser of the company and its shareholders.
AON Corporation is the leading provider of risk management services, insurance and reinsurance brokerage and human capital and management consulting. The company employs 36 000 people working in 500 offices in more than 120 countries. In 2001 Inova Baltic has been assisting AON Grieg (www.aon.no), the Norwegian office of AON group, in entering the Lithuanian insurance brokerage market.Inova Baltic has provided assistance on company establishment and conducted a study of the insurance and insurance brokerage market leading to definition of acquisition targets in the insurance brokerage sector of Lithuania. As a result of the study on the market entry acquisition of the leading Lithuanian insurance broker UAB DB Finalas has been implemented.