The leading experience gift group in Baltic region - Emoti Group acquired NoriuNoriuNoriu
November 27, 2020
The leading online experience gifts group in Baltic region, which has specialized companies and e-shops in Lithuania (laisvalaikiodovanos.lt), Latvia (davanuserviss.lv), Estonia (kingitus.ee), Finland (elamyslahjat.fi) ir Poland (wyjatkowyprezent.pl), acquired the largest internet based specialized Baltic hotel & SPA booking company „NoriuNoriuNoriu“, with e-shops in Lithuania (noriunoriunoriu.lt), Latvia (gribuatpusties.lv) ir Estonia (tahanpuhata.ee).
The main objectives of the expanded group are geographical development and the inbound tourism. Upon closing of the transaction, the total turnover of Emoti Group is over EUR 24 million, which makes the group leader in five markets – Poland, Lithuania, Latvia, Estonia and Finland. The group plans to end the year with 60 branded stores in the said countries.
The buyer Emoti Group was supported on this transaction by: