Hanseatic Capital has specific capability in backing proven management teams seeking to increse or consolidate ownership in their businesses.
Hanseatic Capital has funded following MBO/LBO transactions:
Labelprint (Estonia)
Labelprint, a printer of self-adhesive labels in Tallinn, Estonia acquired its largest competitor, Paraprint Estonia and Paraprint Latvia. We invested in this leveraged buyout (LBO) by using subordinated debt. Labelprint is very efficient and highly profitable business. The two companies will fit well together as Labelprint has learned to serve the smaller customers profitably while Paraprint has focused on the larger customers.
Birštono Mineraliniai Vandenys (Lithuania)
BMV is a fast growing mineral water and fortified dessert wine producer in Lithuania. The Company has 7 water brands, 11 fortified dessert wines, and recently introduced the first kind of brandy with a blackcurrant taste. Historically, the Company is well known in Lithuania for its Vytautas and Birute brands, which were originated in 1924 and both are among top 3 best-recognized water brands in Lithuania. We invested in this management buyin (MBI) by using term debt and subordinated debt.
Favor (Estonia)
Favor is an Estonian metalworking company established 1990. Today Favor is the largest enterprise in the region specialized on thin sheet metalworking. The sheet metalworking business produces thin sheet components for industries such as refrigeration, most of which are exported to clients in Europe and the USA. The roll forming centre produces profiles from 0.4mm to 1.7mm thick for construction; most of this production goes to the local Estonian market.
We invested in this management buyout (MBO) by using subordinated debt. The executive director of Favor, Almar Proos, became the sole owner of the company. With the help of Hanseatic Capital, he bought in January 2005 another 55% of the company’s shares to add to the 45% that he already held.
Väätsa Agro (Estonia)
Väätsa Agro, a largest dairy farming company in Estonia, was acquired by investor in 2006. We invested in this leveraged buyout (LBO) by using subordinated debt. Väätsa Agro is the largest Estonian raw milk producer and has operated profitably both prior to and after EU membership
Tipro Baltic (Latvia)
Tipro Baltic, a is one of the leading metalworking companies of its kind in the Baltic States. Tipro Baltic is located in the territory of Nordic Industrial Park (Olaine). It started to manufacture products in November 2000. The company quickly developed and has doubled its customerbase. We invested in this management buyout (MBO) by using subordinated debt.
Krauklitis (Latvia)
Krauklitis is the leading specialized paper stationary producer in Latvia, located in Aizkraukle city around 100km South-East from Riga. Established in Soviet times and privatized in 1991 it has successfully sustained its production throughout the turbulent 1990’s and has achieved decent profitability since 2004. Two main products groups are in manufacturing school and office note books, drawing books and office, medicine and library use forms. We invested in this management buyout (MBO) by using equity investment, term debt and subordinated debt.
Olerex (Estonia)
Olerex group, established 1994, is headquartered in Tartu. Olerex, the largest domestically owned fuel retailer in Estonia, has over 30 stations/convenience stores nationwide controlling approximately 10% of the Estonian automotive fuels market. Olerex is a significant player in the Estonian fuel market, active in import, wholesale, and retail of automotive fuels, engine oils, and lubricants. We invested in this management buyout (MBO) by using subordinated debt.
Lynka (Poland)
Lynka Sp. z o.o. is a Polish limited liability company founded in 1993. Lynka’s main business is decorated promotional products and gifts (clothing and non-apparel products) for corporate sector and promotional agencies in Europe. Lynka is the largest promotional products company in Poland and has well recognized brand in Poland. Lynka has a good reputation which has been built on high quality merchandise and complete solutions to final customers throughout Europe. We invested in this management buyout (MBO) by using term debt.