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Investment Summary

QIWI Invests In Blestgroup Enterprises

On December 27, 2013, QIWI invested in construction company Blestgroup Enterprises

Investment Highlights
  • This is QIWI’s 1st transaction in the Construction sector.
  • This is QIWI’s 1st transaction in Cyprus.

Investment Summary
Date 2013-12-27
Target Blestgroup Enterprises
Sector Construction
Investor(s) QIWI
Deal Type Stake Purchase

Target

Blestgroup Enterprises

Cyprus
Blestgroup Enterprises Ltd. is a provider of long-term contract on terminal placement in 1,272 spaces of X5 retail network in Russia.

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Investor(S) 1

Investor

QIWI

Nicosia, Cyprus
Category Company
Founded 2007
Sector Internet Software and Services
Employees2,865
Revenue 40.6B RUB (2020)
DESCRIPTION

QIWI is a provider of next generation payment services in Russia and the CIS. It has an integrated proprietary network that enables payment services across physical, online and mobile channels. Qiwi was founded in 2007 and is based in Nicosia, Cyprus.

DEAL STATS #
Overall 1 of 7
Sector: Construction M&A 1 of 1
Type: Stake Purchase M&A Deals 1 of 1
Country: Cyprus M&A 1 of 1
Year: 2013 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-26 Money.Mail.Ru

Moscow, Russia

Money.Mail.Ru is a payment system allowing users to make instant payments for goods and services via web interface or apps. The company was founded in 2009 and is based in Moscow, Russia.

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