2013-01-17 11:31

Six potential investors interested in Lithuanian-owned Čili Holdings

Six potential investors have already expressed their interest in Čili Holdings, the operator of one of the Baltics' biggest restaurant chains, and analysts say that if the owners decide to sell the company, the value of the deal could reach 70 million to 100 million litas (EUR 20-29m), the business daily Verslo Žinios reports.
„Čilipica“
„Čilipica“ / Irmanto Gelūno / BNS nuotr.

LTk Capital, the owner of Čili Holdings, hinted last month that it was searching for potential investors.

"We'll now discuss whether it's worthwhile (selling), whether now is a good time and whether or not the price offered is satisfactory," Dainius Kalina, a member of the management board at LTk Capital, said when asked if they planned to sell the whole company.

Kalina said that the company had already received offers from six potential investors in Čili Holdings and was analyzing them. He said that the potential investors were foreign companies but did not name them.

"Both strategic investors, which are engaged in a similar business, and financial investors are interested," Kalina said.

Report mistake
Successfully sent
Thank you