Eco Baltia is the largest environmental management group for plastic recycling and waste collection in the Baltics. The group provides full cycle of waste management and recycling and is positioned as:  (i) the largest PET and PE/PP recycler and exporter of recyclables in the Baltics, (ii) second largest privately-owned municipal waste collection business in Latvia, and (iii) the market leader in organization of waste recovery in Latvia.

 

 

 

 

 

 

Entry June 2020
Country Latvia
Industry Recycling and Waste Management
Turnover (2019) €70.6m
Personnel/ FTE (2019) 865 / 824
Status Active
Website www.ecobaltia.lv

Case team

Vytautas Plunksnis

Vytautas Plunksnis

Partner, Investment Committee Member

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Vytautas Plunksnis

Vytautas Plunksnis

Partner, Investment Committee Member

Over 15 years of experience in private equity and M&A

Started his career as financial analyst at the first Lithuanian online brokerage Jusu Tarpininkas in 1999. In 2002 he became a business journalist and since 2004 was Editor in Chief, Business Desk, Lithuanian News Agency Elta. His career in asset management started in 2006 as an analyst and fund manager in Finasta Asset Management (Invalda INVL’s portfolio company). Since 2009 until 2016 he was an Investment Manager at Invalda INVL and since 2016 – the Head of Private Equity and a Member of the Management Board at INVL Asset Management. He has successfully implemented over 10 deals with a total value of c. EUR 250 million and has served on the boards of 20+ portfolio companies.

Currently is a Chairman of the Investor’s Association in Lithuania.

Holds Bachelor’s degree in Business Administration, Kaunas University of Technology, Lithuania.

Deimantė Korsakaitė

Deimantė Korsakaitė

Executive Partner, Investment Committee Member

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Deimantė Korsakaitė

Deimantė Korsakaitė

Executive Partner, Investment Committee Member

Over 15 years of experience in private equity and M&A

Has started her career as a lawyer specialising in private equity and M&A. From 2004 until 2010 was working at Hermis Capital, one of the first private equity firms in Lithuania. Since 2010 until joining Invalda INVL group in 2017 was an Associate Partner with one of the leading pan-Baltic law firms – TGS Baltic – where she co-led the M&A practice. Advised local and international clients on 40+ deals with the combined value of c. EUR 2 billion. During her time as M&A lawyer, Deimante and Invalda INVL worked together and across the table on several transactions.

Holds LL.M in International Legal Practice from the University of Law, UK and Master of Law degree from Vilnius University, Lithuania.

Justas Bučelis

Justas Bučelis

Junior Associate

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Justas Bučelis

Justas Bučelis

Junior Associate

Started private equity and M&A experience in 2019

Joined Invalda INVL group as a junior analyst after graduating in 2019. Holds a degree of Bachelor of Science (with Honours) in Economics, Politics and International Studies from University of Warwick.