Porta Finance advises Sandsmart on sale of its shareholding in Mistra-Autex

Porta Finance acted as an exclusive financial adviser of Sandsmart on the saleMistra of 41.2% shareholding in Mistra-Autex, the largest independent automotive supplier in the Baltics.

Porta Finance advised Sandsmart on the sale of 41.2% shareholding in Mistra-Autex to Fairfield, controlling shareholder of Mistra, for undisclosed value.

Mistra-Autex is first and second tier supplier of high quality non-woven and tufting, plain and molded carpet products to automotive industry. Clients include Volvo, VW Group, Porsche, BMW, Mercedes-Benz, and various others. Mistra’s production facilities are located in Estonia. The company generates annual turnover of c. €21m.

Further information:

Karl-Erik Kodu
Partner, Porta Finance
Tel: +372 602 5015
karlerik.kodu@portafinance.com