AL Holdingas will divest its shareholding in the leading general publishing business Alma Littera, leading omnichannel bookstore chain Pegasas, online bookstore Knygų Klubas and small parcel focused logistics business ALG Logistika all based in Lithuania to BaltCap, the largest private equity investor in the Baltic region.
Porta Finance acted as sole financial adviser to AL Holdingas from preparation to execution of the divestment process. Porta Finance continues to advise AL Holdingas on other divestment processes.
AL Holdingas owns, among other businesses, pan-Baltic Reader’s Digest direct marketing business operating under Didysis Žaidimas - Grand Prix and Home Club brands.
The transaction is subject to receipt of clearance from the Competition Council of Lithuania.
Partner, Porta Finance
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