IGLU

IGLU Holdings is a Latvia-based manufacturer and exporter of IGLU-branded kids’ soft play blocks with main markets in Western Europe, Scandinavia and the USA. IGLU products are made from recycled polyethylene, making them lightweight and durable, helping children develop gross motor skills via open-ended play. The company is also a regional leader in polyethylene products for the packaging and construction sectors. The company exports 90% of its sales to more than 40 countries. In 2022, IGLU’s turnover reached €13.5 million and profit of €1.7 million. IGLU employs 200 people.

Buyout

Investment
August 2023

Country
Latvia

Website
iglusoftplay.eu