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INVL Baltic Sea Growth Fund s Eco Baltia to acquire majority stake in Ecoservice

INVL Baltic Sea Growth Fund s Eco Baltia to acquire majority stake in Ecoservice
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PE-backed Eco Baltia to acquire Lithuania s Ecoservice

Share: Eco Baltia, an environmental and waste management group headquartered in Latvia, has agreed to buy at least an 85% stake in Lithuanian environmental solutions company Ecoservice. Eco Baltia is backed by Lithuanian fund manager INVL s Baltic Sea Growth Fund and the European Bank for Reconstruction and Development. Ecoservice comprises several companies operating in sectors including recycling, household waste management and construction waste collection.

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