Plaza Venture Partners

Plaza Venture Partners closes the acquisition of parquet manufacturing business

The fund “Turnaround Baltic I”, managed by PLAZA Venture Partners, together with UAB “Provestum” finalised the acquisition of the engineered wood flooring manufacturing business. The assets (including trademarks) from bankrupt company “Volunta Parket” were acquired and the operations renewed. The Engineered wood flooring manufacturing and sales will be further developed by “Parket trade” group of companies. The company manufactures premium class engineered wood flooring, which is sold to more than 30 countries worldwide. 

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