- Country: Serbia
- Industry: FMCG (Dairy)
- Date of initial investment: 2015
- Current ownership stake: 5%
- Ownership stake at peak: 5%
Company description:
Imlek is a leading dairy producer with a number 1 market position in Serbia, North Macedonia and Montenegro, and number 2 position in Bosnia and Herzegovina. Imlek has two of the most recognisable brands on the Serbian dairy market – Moja Kravica, Balans, Vitalia and Bitolska. The company operates 7 production facilities across the Region.
Blue Sea Capital value added:
01
Acquired #4 player on the dairy market in Serbia with EUR 25m revenue and two production plants as a bolt-on in order to boost presence in Serbia and increase market share
02
Negotiated management incentive plan with the management team
03
Board presence