January 26 (SeeNews) - Dutch-based Invera Private Equity Fund said it has acquired 58.2% ownership interest in Slovenian prefabricated wooden houses manufacturer Marles Hise Maribor.
Invera aims to further strengthen the position of Marles Hise Maribor and its operations in Slovenia, Austria, Switzerland, Italy and Germany, leverage its potential in cooperation with industry experts, increase production capacities, and open new opportunities in existing and new markets, the private equity fund said in a statement earlier this week.
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The amount of the investment was not disclosed.
"We want the company to become a key player in the production of prefabricated wooden houses and buildings and prefabricated wooden elements in the German, Austrian, and Swiss regions and beyond," Invera partner Janez Skrubej said.
The investment will be reflected in additional employment, a higher level of investments, and further increase of business operations in the future, especially in the markets of Western Europe, Invera noted.
Slovenian company Investma, owned by entrepreneur Leopold Poljansek, will remain an important shareholder in Marles Hise Maribor with a 41.8% stake, Invera said.
With some 30 million euro of annual consolidated sales, Marles Hise Maribor is the largest Slovenian manufacturer of prefabricated wooden houses and buildings.