• 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:
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
Negotiated management incentive plan with the management team
Board presence