United Partners Investments buys heavy machinery importer INTRAC from Baltcap
United Partners Investments has bought a share in INTRAC, one of the biggest resellers of forestry and agricultural technology in the Baltic States, from the Baltcap III investment fund. As a result of the transaction, United Partners Investments now holds a 100% share in the INTRAC group.
INTRAC, which posted turnover in Estonia of 30 millions euros in 2021, mainly operates in the field of the sales, maintenance, repair and leasing of forestry, construction, agricultural and materials-processing machinery, accessories and spare parts. The Intrac Group is the sole importer and marketer in Estonia, Latvia and Lithuania of the heavy machinery of a large number of manufacturers.
INTRAC’s Baltic subsidiaries form part of the INTRAC group, whose headquarters are in Stockholm.
