Obtaining the financial investor for Flavourtec
March, 2018 - Poland - Private equity fund Tar Heel Capital has acquired 50% stake in Flavourtec, one of the leading European manufacturers of liquids for e-cigarettes. During the last five years, Flavourtec developed rapidly with yearly revenue now exceeding EUR 5 M. In 2015 Flavourtec launched a new production facility in Gdansk, with an area of over 1200 m2, which can easily be adapted to double company’s production capacity. This deal should allow Flavourtec to continue its growth and strengthen its market position by using the fund’s potential and support.
Navigator Capital, member of Pandion Partners, advised the sellers.