Acquiring Company
Rivaro Holding
Acquired Company
Rīgas acs
LatviaArtificial IntelligenceTransportationDescription
Rivaro Holding has acquired the Riga International Bus Station from Rīgas acs for €3.82 million. This acquisition follows a government approval process required for critical infrastructure. The new owner plans significant investments in modernization and sees the bus station as a vital part of the transport hub. Current operations will remain unchanged for the time being.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Rīgas acs?
Rīgas acs was acquired by Rivaro Holding, based in Bahamas. The deal was reported on August 17, 2026. Rivaro Holding is a private investment company. It is owned by Sergey Serdyukov and his son Vasily. The company focuses on acquiring control of strategic assets. Rivaro Holding is privately held and operates in Artificial Intelligence.
When did Rivaro Holding acquire Rīgas acs?
Rivaro Holding's acquisition of Rīgas acs was reported on August 17, 2026. Rivaro Holding has acquired the Riga International Bus Station from Rīgas acs for €3.82 million. This acquisition follows a government approval process required for critical infrastructure. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Rīgas acs do?
Rīgas acs is a subsidiary of Rīgas satiksme that operated the Riga International Bus Station. The company previously held a 50% stake in the bus station. It was not considered a core asset by its parent company. It is privately held, operating in Transportation, and is based in Latvia.