History and owners
The INTRAC group has been active with heavy machine trade in the Baltics since the 1970'ies. In 1994 subsidiaries were founded in the Baltic countries as a way to improve service and support for the company's customers.
In 1995 the parent company was established to develop and co-ordinate the marketing and sales of heavy machinery in the Baltics. INTRAC Group AB has headquarters in Stockholm, and subsidiaries in all three Baltic countries. Since summer 2008 INTRAC also has a subsidiary in Poland.
Owners of the INTRAC Group AB are the Baltic Investment Fund, Nalka Invest and the management of the INTRAC Group.
The Baltic Investment Fund is managed by BaltCap Management Ltd , which manages private equity funds investing in Estonia, Latvia and Lithuania. BaltCap Management Ltd currently manages over EUR 90 million in committed funds.
Nalka Invest is an investment firm within the Inter IKEA Group.