INVL Baltic Sea Growth Fund acquires Latvian cosmetics producer B2Y
Published on: Tuesday 08 February 2022
INVL Baltic Sea Growth Fund (“the Fund”), one of the largest private equity investment funds in the Baltic region, has completed the acquisition of a 100 per cent stake in B2Y, a growing personal care products and cosmetics producer, headquartered in Latvia. B2Y will continue to be led by its founder and CEO Rita Lagzdina. “We intend to grow B2Y organically and will seek consolidation opportunities in the sector“, says Vytautas Plunksnis, partner at INVL Baltic Sea Growth Fund. B2Y develops and