Emoti Group, the largest experience gift group in the Baltic region, has acquired NoriuNoriuNoriu, the leading hotel and spa reservation platform, to expand its market presence and service offerings across five countries.
Target Information
Emoti Group, the largest experience gift group in the Baltic region, has acquired NoriuNoriuNoriu, the leading online platform for hotel and spa reservations in the region. Emoti Group operates specialized companies in Lithuania (laisvalaikiodovanos.lt), Latvia (davanuserviss.lv), Estonia (kingitus.ee), Finland (elamyslahjat.fi), and Poland (wyjatkowyprezent.pl). The acquisition aims to strengthen its market presence and expand its service offerings beyond experience gifts.
NoriuNoriuNoriu runs platforms in Lithuania (noriunoriunoriu.lt), Latvia (gribuatpusties.lv), and Estonia (tahanpuhata.ee). With the merger, Emoti Group's total turnover exceeds €24 million, solidifying its operations across five countries. The group intends to conclude the year with 60 branded stores across these nations.
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Industry Overview
The experience gift market in the Baltic region has been growing steadily, reflecting a shift in consumer preference towards unique and memorable experiences over traditiona
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Emoti Group
invested in
NoriuNoriuNoriu
in 2020
in a Merger deal
Disclosed details
Revenue: $29M