BaltCap portfolio company Baltic Coffee Holding acquires Estonian coffee service provider Vending Automaadid
Baltic Coffee Holding (BCH), a leading vending and coffee service company in the Baltics (currently operating under Selecta brand), has acquired Estonia’s coffee service company Vending Automaadid.
“Estonia has a rapidly developing coffee market, and while we see an exciting growth potential for Selecta Estonia, working together with the team of Vending Automaadid will allow us diversify our client portfolio, expand our product offering, increase service efficiency and become a clear market leader in Estonia,” Viktorija Meiksane, the board chairwoman of Baltic Coffee Holding said in a press release.
“We are committed to continue investments in innovations to further improve client experience. Mr. Mart Vips, CEO of Vending Automaadid will join the top management team of Baltic Coffee Holding,” Meiksane added.
The value of the deal has not been disclosed.
Baltic Coffee Holding is owned by private equity company BaltCap.
Contacts for enquiries:
Peeter Saks
BaltCap
Partner
Tel: +372 665 0285
Viktorija Meiksane
Baltic Coffee Holding
Member of the Board
Tel: +37129117768