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INVL Private Equity Fund II signs agreements to acquire Nordian Group and Norvelita to strengthen their position in the fish processing sector.

PRIVATEAug 17, 2026

Acquiring Company

INVL Baltic Sea Growth Fund

Acquired Company

INVL Private Equity Fund II

VilniusVilniusEnergyFinancial ServicesFinanceVenture CapitalAngel InvestmentRenewable EnergyFinancial ServicesFinanceVenture CapitalAngel Investment

Description

INVL Private Equity Fund II has signed agreements to acquire the Lithuanian fish processing companies Nordian Group and Norvelita. The combination of these companies will create one of the largest fish processing groups in the region, aiming for revenues of approximately EUR 200 million.

Company Information

Company

INVL Baltic Sea Growth Fund

Location

Vilnius, Vilnius County, Lithuania

About

INVL Baltic Sea Growth Fund is a private equity and venture capital firm specializing in growth capital investments in the Baltic Sea region.

Fundz sees it the moment INVL Baltic Sea Growth Fund makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired INVL Private Equity Fund II?

INVL Private Equity Fund II was acquired by INVL Baltic Sea Growth Fund, based in Vilnius. The deal was reported on August 17, 2026. INVL Baltic Sea Growth Fund is a private equity and venture capital firm specializing in growth capital investments in the Baltic Sea region. INVL Baltic Sea Growth Fund is privately held and operates in Energy.

When did INVL Baltic Sea Growth Fund acquire INVL Private Equity Fund II?

INVL Baltic Sea Growth Fund's acquisition of INVL Private Equity Fund II was reported on August 17, 2026. INVL Private Equity Fund II has signed agreements to acquire the Lithuanian fish processing companies Nordian Group and Norvelita. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does INVL Private Equity Fund II do?

INVL Private Equity Fund II is the largest private equity fund in the Baltics. The fund focuses on acquiring majority or significant minority stakes in high-growth companies. It aims to make investments ranging from EUR 10 million to EUR 60 million. It is privately held, operating in Financial Services, and is based in Vilnius.

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