The share purchase agreement is worth EUR 4.3 million, and the buyers received approval for the transaction from the Competition Council in June. Admeo manages and maintains around 160 residential and commercial buildings in Vilnius, and employs 15 people. Its revenue rose to EUR 3.12 million in 2025; net profit stood at EUR 739,000.
„Now that the transaction has been completed, the rather down-to-earth work begins – gathering information on the status of each property, continuing with planned works and coordinating the teams’ activities. Residents will not need to take any action due to the change in shareholders. Existing contracts remain in force, and the Admeo brand will not change in the initial phase,“ says Deividas Jacka, Chairman of the Board of the Civinity Group.
The first change
Topics: #eur #million #admeo
