# BaltCap to acquire 70% stake in Hansab Group

BaltCap, through its Private Equity Fund III, has agreed to acquire a 70% share in Hansab Group, a leading Baltic automation services provider. The transaction value was not disclosed.

- Type: Acquisition
- Announced: 2023-05-11
- Where: Estonia, Latvia, Lithuania, Finland, Estonia
- Status: announced
- Products: security solutions, cash handling solutions, point of sales solutions, parcel handling solutions, queuing solutions, parking solutions, automation solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [BaltCap](https://endata.com/companies/29144.md) (acquirer)
- [Hansab Group](https://endata.com/companies/70214.md) (target)

## Sources

- [baltcap.com](https://www.baltcap.com/baltcap-to-acquire-a-majority-stake-in-hansab-the-leading-baltic-automation-services-provider/), 2023-05-11: "BaltCap, the largest private equity manager in the Baltics, through its Private Equity Fund III, has agreed to acquire a 70% share in the leading Baltic automation services provider Hansab Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.