Vostok-Service

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Vostok-Service - overview

Established

2006

Location

Baku, -, Azerbaijan

Primary Industry

Consumer Products

About

Vostok-Service is a developer, manufacturer, and supplier of workwear, safety footwear, and personal protective equipment (PPE) across Russia and Europe. It operates 8 sewing factories, 4 shoe factories, and a retail network of 260 stores in 170 cities. Vostok-Service offers a comprehensive range of occupational safety solutions, specializing in the design, manufacturing, and distribution of workwear, safety footwear, and personal protective equipment (PPE). Its product portfolio includes protective clothing for industrial environments, helmets, gloves, respiratory masks, harnesses, and advanced fire-resistant fabrics.


The company also produces synthetic fibers and industrial textiles to support its PPE line, ensuring durability and compliance with international safety standards. The company’s revenue model is diversified across multiple channels. The primary source of income comes from large-scale manufacturing and wholesale distribution of PPE to industrial clients. This is complemented by a robust retail network of over 260 stores across Russia and Europe, which caters to individual and small business customers.


Additional revenue is generated through international subsidiaries operating in Central and Eastern Europe, as well as specialized services such as maritime crewing solutions. This multi-channel approach enables Vostok-Service to maintain steady growth and expand its footprint in both domestic and global markets.


Primary Industry

Consumer Products

Sub Industries

Recreational Hobbies & Sporting Goods, Footwear, Clothing, Recreational Product Stores, Clothing Stores

Verticals

Manufacturing

Total Amount Raised

Subscriber access only

Vostok-Service - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Corporate Carve OutCompletedCERVA GROUP a.s.-
BuyoutCompletedCERVA GROUP a.s.-

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