2006-10-01
UAB Strata and Quartona Ltd have signed the agreement of investment co-operation
On 1 June, 2006 partners of UAB Strata and Quartona Ltd concluded the cooperation agreement for joint investment activities in Lithuania. The target will be the Small and Medium enterprise sector as both parties consider the sector as one of the most interesting and promising.
Partners of Quartona Ltd and UAB Strata will concentrate on sectors where they already have experience. The preferred areas of investment are construction and building sector, fast moving consumer goods, food industry, biotec/advanced medicine, media/advertising services, electrical accessories and retail of office equipment in Lithuania and other Baltic states. Equity investments for each company will be from 50 000 EUR to 250 000 EUR primarily through new share issue. Partners will acquire up to 50% of share capital and will be active members of the target company’s board.
Quartona Ltd – is a group of Finnish businessmen, who have acquired solid experience of successful business development and exits in Europe. Currently the Group comprises of 10 active partners. Mr. Morten Ahlstrom is the Chairman of Quartona. He is also the Chairman of Ahlstrom Capital. Quartona partners will be actively working with Strata professionals to effectively apply international expertise and market knowledge to Lithuanian business.
