Asset description

North and Eastern European food and beverage producer, marketer and supplier

Made up of 6 food and beverage companies across the Baltic countries and Poland

Laima recently awarded as top brand in Latvia across sectors

Aggregate revenue €80 million

Icora's role

Developed a comprehensive knowledge of the businesses enabling us to challenge business plan assumptions

Fairly valued the assets in light of the effect the financial crisis had on the Baltic countries

Restructured debt, which increased company’s stability and competitiveness in challenging market environment

Met the objectives of both the bank (debt recovery) and key management (share in future upside)

Sector:
Food Producer
Location:
Baltic countries & Poland

Prior projects under the name Icora Partners from 2010 to 2017