STA, 24 January 2022 - Invera Equity Partners, a Dutch private equity fund manager, has acquired a 58.2% stake in Slovenian prefabricated house maker Marles Hiše Maribor. Invera said it intends to strengthen the company's position in existing markets, increase production capacity, and secure new opportunities.
Marles will get the opportunity to expand its business, consolidate its position as the leading manufacturer of prefabricated wooden buildings in Slovenia, and become a major player in Central Europe, the company said in Monday's press release.
They added that Invera's strategic investment will result in additional hiring, increased investments and even more successful future operations, especially in the markets of Western Europe.
Invera is a private equity fund based in the Netherlands. It focuses on southeastern Europe, and its investor base consists of institutional investors such as the European Bank for Reconstruction and Development and the European Investment Fund.
"We are very proud to assist Marles in its further development and expansion into the challenging Western European markets," said Janez Škrubej, a partner at Invera Equity Partners.
"We believe that the company can play a key role in the prefabricated timber building industry in the most demanding markets in Germany, Austria, Switzerland and beyond," he added.
Marles Hiše's board of directors described the transaction as good for all stakeholders. The remaining 41.8% stake in the company will be held by the Slovenian company Investma.
The company has consolidated annual revenues of around EUR 30 million and bills itself as the largest Slovenian producer of prefabricated wooden houses and buildings. It is also the largest exporter in this sector.