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DelfinGroup acquires a subsidiary

Riga, 2020-10-01 17:55 CEST -- On September 30, 2020, the Enterprise Register of the Republic of Latvia registered acquisition of 100% shares of SIA Banknote commercial properties by SIA DelfinGroup. SIA Banknote commercial properties owns 4 properties. The branches of the Banknote brand are located in three of the properties - two in Jelgava and one in Valka. The balance sheet assets of SIA Banknote commercial properties at acquisition were EUR 112 thousand.

Agris Evertovskis, Chairman of the Board of SIA DelfinGroup, comments on the acquisition: “Most of DelfinGroup's branches are rented properties, but in situations where the owners of the premises are ready to sell them, evaluating certain advantageous offers, the branches are purchased.”

The inclusion of SIA Banknote commercial properties in the SIA DelfinGroup group of companies is part of the company's plan.

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