Advance Capital announces the sale of Sloplast, the largest manufacturer of high pressure laminates in Russia

16 Jun
/ 2024

Advance Capital is pleased to announce the sale of Sloplast, the leading manufacturer of HPL in Russia, to R-Investments.

Sloplast is the market leader in HPL (High Pressure Laminates) and ready-made HPL interior solutions in Russia. Main applications of HPL produced by the company include interior and exterior decoration of buildings, interiors of public transport such as land, rail, water transport, as well as furniture and other solutions for interior and exterior decoration.

Over the course of its history the plant has completed almost one thousand projects, and in 2023 it produced more than 3 million square meters of HPL.

R-Investments was established in 2022 by Andrey Kryukov with the aim of acquiring and developing assets in various sectors. Andrey Kryukov was CEO of Rossium and was among the members of the subsidiaries’ boards of directors, including CBM and Ingrad.

Advance Capital acted as the exclusive financial advisor to the seller. Alrud served as the seller's legal advisor. Deal value is not disclosed.


Andrey Kryukov, CEO of R-Investments:

‘In our view, Sloplast has significant growth potential given the wide range of applications for HPL. One of the strong competitive advantages of the asset is the closed domestic production chain, as well as the fact that HPL is a universal substitute product’.


Artur Shubaev, Executive Director of Advance Capital:

‘This transaction shows that the market for construction materials is attracting ever more attention from buyers. During the competitive sale process organized by Advance Capital, many strategic and financial investors, besides the buyer, showed strong interest in the asset’.

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