The business sale transaction of UAB ,,Kauno spauda” was completed on 05.2024.
The company has 40 pavilions in Kaunas city where they sell newspapers, transport tickets, souvenirs, drinks and snacks and provide bank payment services to residents since 2000.
The company’s 2023 annual sales were 4.5 million. EUR, 75 employees.
100% of the share package was purchased by a group of Lithuanian individuals and legal entities.
,,Hortus Investment Banking” was the sell side strategic and financial advisor.