We advised the management of Kilingi-Nõmme Economic Cooperative (Coop)

Grant Thornton Baltic's financial advisory team helped Kilingi-Nõmme Cooperative to prepare a financial model and forecast, which was the basis for the Net Present Value (NPV) scenario analysis. The analysis was crucial for the company's board in deciding on future investments.

Leelo Allik, Member of the Board of Kilingi-Nõmme Economic Cooperative, said the following about the cooperation: „As for Grant Thornton's financial advisory team, I am pleased with their professional and personal approach, both in their commitment to understanding our business objectives in depth and in translating them into numbers. The NPV scenario analysis carried out by Grant Thornton's specialists was crucial to our decision and has given us a better insight into the future prospects of our company.“

Kilingi-Nõmme Cooperative was founded in 1911, when the Saarde Cooperative was established. The cooperative operates in Pärnumaa. Kilingi-Nõmme Cooperative has a total of 96 employees, 547 members or customer-owners and 9 stores, including 3 Coop Konsum stores, 1 Coop Construction Centre and 5 Coop small shops.

Grant Thornton Baltic's financial advisory team included Erik Suits, Head of Financial Advisory, and Karin Küttis, Financial Advisor.