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      KPMG in Latvia supports Compaqpeat on the sale to Pindstrup

       

      To strengthen its presence in the Baltic region and further consolidate its position in the growing media market, Compaqpeat, a leading peat and substrate producer in Latvia, has been acquired by Pindstrup, a global leader in professional growing media solutions.

      KPMG in Latvia, acting as exclusive M&A sell-side and legal advisor to Compaqpeat, provided comprehensive advisory services throughout the transaction. The KPMG team supported the client across all key stages of the deal – from preparation and due diligence (legal, tax, and financial) to negotiations and tax and legal support throughout the transaction leading to its successful completion.

      The acquisition marks an important strategic step for Pindstrup in strengthening its operations in Northern and Eastern Europe, while for the former shareholders of Compaqpeat it represents a successful culmination of the company’s long-term growth and development strategy. For Compaqpeat itself, joining forces with Pindstrup strengthens its foundation and opens new opportunities for employees, customers and partners.

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