06.03.2026
In 2024, a new production complex developed by Kapitel was completed in Laagri for Solina, one of Europe’s leading producer of tailor-made food solutions. Solina Group company Saue Production OÜ decided to acquire the production complex from Kapitel, and the transaction has now been completed. The deal is one of the largest industrial real estate transactions in the Baltic States in recent years.
The production complex, located in Laagri in Saue municipality and covering more than 13,300 m², houses Solina’s new office, product development laboratory, test kitchen, production unit and warehouse. More than 100 people work at the site daily. The production complex complies with A-class energy efficiency standards, and has a solar power plant on the roof for building’s energy consumption purposes. It is the very first building in Estonia to receive a BREEAM New Construction fully-fitted certification at Very Good level.
The total investment of the development of the production complex amounted to nearly EUR 30 million, and the building qualified as the first new real estate development in Estonia to receive a green loan from the SEB Group. The value of the transaction is confidential. Kapitel Logistics was advised on the transaction by law firm COBALT, with financial advisory support from Redgate Capital in cooperation with Newsec Baltics.
Holger Tilk, Head of Investments at Kapitel: “Opportunities to do something that has never been done before are rare. When a global food industry group with annual revenue of EUR 1.6 billion, 51 factories and customers in 75 countries chooses Kapitel as its partner to develop its first ideal factory, the responsibility is exceptional and the margin for error is minimal. The fact that Solina decided to acquire this innovative, energy-efficient and sustainable building demonstrates that we exceeded the high expectations set for the project. Although Kapitel has now exited Solina project, we will continue to actively seek opportunities to develop high-quality, energy-efficient and sustainable buildings, both on our existing land plots and on new sites acquired at the request of our clients.”
Veiko Soome, Managing Director of Solina Estonia: “We are sincerely pleased that Kapitel chose to invest in this project and brought their strong experience and expertise to the development of Solina’s ideal factory. The Laagri production complex plays an important role in the Solina Group’s value chain by bringing product development, production and logistics together into a single integrated whole. The Estonian unit operates as a competence center within the Group, applying modern technologies and best manufacturing practices. This enables us to contribute to the competitiveness of the entire Solina network and to consistently deliver high value-added and innovative solutions to our customers.”
Solina Estonia/Saue Production OÜ (https://ee.solina.com/solina-estonia) is part of the international food industry group Solina Group. Solina is a leading global partner in the food industry, food services, fast food restaurants and nutritional enrichment products. Solina’s 51 production units and numerous local product development centres combine culinary and technical expertise to enable the company to design innovative food solutions with excellent taste, functionality and nutritional value. Headquartered in France, the company employs more than 5,000 people, has production facilities in 20 countries and serves customers in more than 75 countries. Solina’s majority shareholder is Astorg, an independent private equity investment firm.
Kapitel Logistics is a company of AS Kapitel Group (www.kapitel.ee), which develops, owns and manages industrial and logistics real estate. The company’s portfolio includes two logistics centers with a total leasable area of 60 000 m² in Rae municipality in Rukki industrial park at Rukki tee 1 and Rukki tee 5. In addition, Kapitel Logistics owns plots of land with building rights in Rae municipality in Rukki industrial park and in Gate Tallinn industrial park in Saue municipality.