CapMan Plc has invested into the Russian Baltic Pork Invest ASA. CapMan acquired Norum on May 26, leading to a realignment of the management structure of the Norum Russian Fund. CapMan transitioned the fund into its own management and immediately proceeded to make new investments in Russian companies. Russian Baltic Pork Invest ASA became one of the main components to this expansion.
Russia Baltic Pork Invest ASA (www.rbpi.no)
Established in 2004, Russia Baltic Pork Invest is located in Kaliningrad and has been constructing a large scale pig farm. With the completion of the farm in late 2008 and the operation beginning immediately, the entire production chain from cultivation to processing is handled in this one location covering over 4,000 hectares. With a capacity of more than 110,000 pigs, Russian Baltic Pork Invest ASA is poised to meet the growing demand of Russia’s pork consumers. Increasing in demand annually by 6.4 percent, pork consumption is expected to top 3.2 million tons in 2008.
The investment is expected to increase the company’s growth and maximize its production capabilities. Russian Baltic Pork Invest ASA is positioned to expand exponentially as the need for quality pork products continues to rise throughout Russia and the surrounding areas.
CapMan is one of the leading alternative asset managers in the Nordic countries and manages Nordic funds with approximately € 3.0 billion in total capital. CapMan has five investments areas (CapMan Buyout, CapMan Technology, CapMan Life Science, CapMan Russia and CapMan Real Estate), and each of them has a dedicated team and funds.
Altogether CapMan employs over 130 people in Helsinki, Stockholm, Copenhagen, Oslo and Moscow. CapMan was established in 1989 and its B shares are listed on the Helsinki Stock Exchange since 2001.