On July 29th, one of the largest Lithuanian private equity companies Invalda Privatus Kapitalas AB acquired shares of furniture manufacturing company Vilniaus baldai AB for the total amount of 4.55 million EUR  tendered during the official tender offer. Invalda Privatus Kapitalas will become the owner of the shares on August 1st, 2013.

“The official tender offer was announced due to the split- off Invalda AB company as this process changed the indirect control in Vilniaus baldai AB. We will make every effort that value of shares of Vilniaus Baldai AB will continue its successful increase”, - Dalius Kaziunas, the director of Invalda Privatus Kapitalas said.

The implementation period of the tender offer to buy up shares of Vilniaus baldai AB ended on July 29th, 2013. 540,813 shares were tendered to the acquiring persons. According to the tender offer circular, Invalda Privatus Kapitalas AB will acquire 305,720 shares, for 14.869 EUR (51.34 litas) each.