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.


Georgia’s largest mineral water producer, and one of the region’s brands. Exited in 2002
Tbilisi, Borjomi, Georgia
Large minority stake
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


24 November 2020

21 years later….

Letter from Baring Vostok Senior Partner Elena Ivashentseva to colleagues and friends in relation to Ozon’s IPO
19 November 2019

TJX acquires 25% of Familia.

A Baring Vostok portfolio company Familia – Russia’s leading off-price apparel and home fashions retailer – announced that the TJX Companies has acquired a 25% ownership stake in the Company from existing shareholders for USD 225 million