Borjomi
Georgia’s largest mineral water producer, and one of the region’s brands. Exited in 2002
Projects
This large sector covers the production and sale of consumer goods, as well as various consumer services including electronic commerce and health care. Since 1996, Baring Vostok funds have invested over $400 million in 13 companies from this sector.
- Location:
- Tbilisi, Borjomi, Georgia
- Years:
- 1996-2002
- Shareholding:
- Large minority stake
- Exit:
- Sale to a strategic investor
In October 2002, the fund sold its share of the company to IDS Group.
Commercial production of Borjomi mineral water started in 1981. Baring Vostok’s Fund was one of the first investors after the creation of GG&MW.
Other projects
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Solopharm
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OZON.ru
Russia’s leading Internet store -
Mamsy
The only flash sales etailer of branded Baby & Kids goods in Russia -
Busfor
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FAMILIA
The only Russian nationwide off-price apparel and home fashions retailer -
Family Doctor
Network of clinics in Moscow -
Kaspi.kz
Leading consumer-focused ecosystem in Kazakhstan -
Проект завершенSladCo
One of Russia’s largest confectionery producers, currently a part of Orkla. Exited in 2005 -
Vkusvill
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Проект завершенRogan
One of Ukraine’s largest beer producers, currently a part of Sun Interbrew. Exited in 2000