The company’s activities are airtight insulation of walls, ceilings, roofs, floors, and facades of buildings under construction, built, or renovated.
The business was acquired by a strategic investor – a Lithuanian company.
The structure of the transaction provided that the investor acquires the company’s assets, trademark, website, and takes over the employees.
UAB “Juodasis gintaras” has been operating since 1994. In 2023, the company’s annual sales were 0.5 million EUR, 12 employees.
“Hortus Investment Banking” was sell side strategy and financial advisors to the shareholder.