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BaltCap and Draugiem Capital become majority shareholders of IGLU brand developer Pepi Rer
03 August 2023
BaltCap, the largest private equity fund manager in the Baltics and investment company Draugiem Capital invest in Latvia-based multi-sector production company SIA Pepi Rer to boost the global expansion of the business. Pepi Rer is widely known for its soft play brand IGLU, floor insulation brand ProVent, as well as the production of construction and packaging materials. After the transaction, BaltCap and Draugiem Capital will become the majority shareholders of the company.