Czech investment group BHM has announced the sale of its majority stake in Block, a construction and engineering company based in Valašské Meziříčí, to Central Europe Industry Partners (CEIP).

Block Group specializes in the supply of operating rooms for hospitals, laboratory construction and other technologies for the industrial and pharmaceutical sectors. Since acquiring a majority stake in 2014, BHM Group has made a significant transformation of the company, shifting its focus from the Russian market to the European market. The company operates primarily in Central Europe and also supplies technology to markets in Germany, Switzerland and Australia. The company employs nearly 300 people in its Czech and Slovak production facilities.

BHM, a Central European investment group founded in 2013 by entrepreneur Tomas Krsko, manages a diverse portfolio of companies in Germany, Finland, Poland, Slovenia, Slovakia and the Czech Republic. The group focuses on investments in renewable energy, healthcare and real estate and has assets worth over EUR 1 billion.

PE fund Central Europe Industry Partners specializes in investments in industrial companies. Its portfolio includes companies such as Jihlavan, a manufacturer of aircraft hydraulic equipment, and Eltia and RH-tech, which focus on industrial automation.