Invalda INVL — M&A Activity 2019

Feb 1, 2019

Disclosure 367989

Invalda INVL - Other information

Group of companies Inservis, a company controlled by Invalda INVL, acquired a controlling stake in Informacinio Verslo Paslaugų Įmonė

Group of companies Inservis, a company 100% managed by Invalda INVL, acquired from the state 51.67% stake in Informacinio Verslo Paslaugų Įmonė for EUR 352 thousand. The transaction with the state entity Turto Bankas was completed on 31 January. After this transaction, group of companies Inservis increased its shareholding in the company Informacinio Verslo Paslaugų Įmonė up to 88.7 percent.

Informacinio Verslo Paslaugų Įmonė has a licence of payment institution issued by the Bank of Lithuania. The company administers taxes on energy and utilities provided to residents, provides services to companies and institutions.

Person authorised to provide additional information:

Andrius Daukšas

E-mail andrius.dauksas@invl.com