Shared 31 March, 2026
Civinity, a group providing building maintenance services and developing engineering and technology solutions, has signed a share purchase agreement to acquire 100% of the shares in Vilnius-based property management company Admeo. Admeo provides property management and building maintenance services, focusing on incident and emergency prevention and the economical, efficient use of heating energy.
Deividas Jacka, Chair of the Board of Civinity, said, “The residential property maintenance and management segment is strategically important to us, as it is essential for the majority of city residents – no apartment building can function without proper maintenance. We see Admeo as a professional team with whom we can continue to expand our residential property maintenance portfolio.”
As the transaction is structured as a share acquisition, following the signing of the agreement, Civinity will submit the proposed concentration to the Lithuanian Competition Council. Subject to the authority’s positive decision, the transaction may be completed.
Admeo will be integrated into the group’s operational processes, while the brand will remain unchanged in the initial stage. This approach is intended to ensure service continuity, clarity for clients, and a smooth transition to the group’s shared standards.
Join our community of 200,000+ real estate leaders and get weekly insights and updates with our newsletter.
*Offer ends on Friday, 7th February.
