Civinity Completes Valandinis Buyout for €1.26M

Civinity has completed the acquisition of the construction workforce platform Valandinis by purchasing the remaining 49% stake in Valandinis, UAB, making Civinity the sole shareholder. The remaining shares were acquired for EUR 0.72 million, following Civinity’s controlling stake purchase in January 2023 for approximately EUR 0.54 million.

Total consideration for the full buyout amounted to approximately EUR 1.26 million. Valandinis, UAB operates a platform connecting construction specialists and construction companies to plan human resources more flexibly and source additional capacity quickly. In 2024, Valandinis generated revenue of EUR 3.69 million and net profit of EUR 0.10 million.