What TMV Capital does

TMV Capital (legal entity UAB TMV Capital, founded 2023) is a privately held Lithuanian holding company headquartered at Dainavos g. 7, Vilnius, that consolidates more than 1,000 employees and exceeds €200 million in annual group turnover. The group traces its origin to JUODELIAI (wood processing, 1994) and was formally reorganized under the TMV Capital brand in 2023 to bring investment management, logistics, wood processing, and digital business solutions under one umbrella. Wholly owned subsidiaries include JUODELIAI (wooden pallet components, five production sites, ~1.3M m³ annual processing capacity), JPACKAGING (pallets and collars; plant opened January 2026 in Šeduva), JPRESSWOOD (pressed pallet blocks from wood-industry waste; construction under way for ~2027 operations), JRANGA (forestry/logging services with PONSSE equipment since 2024), JTIMBER and its Latvian/Polish entities (round-wood trade), ŽAIBO RATAI (Baltic timber hauling, 69-vehicle fleet), JCARGO (FTL freight forwarding across Europe, spun off from JUODELIAI in 2024), plus TMV COMPETENCE CENTER and JWEB (internal digitization) and TMV INVESTMENTS (innovation-focused investment arm).

TMV operates a vertically integrated circular-economy model: JRANGA and JTIMBER secure raw wood, ŽAIBO RATAI and JCARGO handle transport, JUODELIAI/JPACKAGING manufacture pallet components and packaging, and JPRESSWOOD converts sawdust, wood chips, and bark into pressed pallet blocks — closing the loop on wood-industry waste. Digital tools are used for internal process efficiency rather than external products, and AI usage is limited to ChatGPT Enterprise for contract and document workflows. Manufacturing processes are automated (e.g., JPACKAGING automated lines), and energy/circular synergies are deepening through a GREN partnership installing a 10 MW biomass boiler at the Marijampolė site.

Revenue is generated through B2B sales of wood products (hardware), transportation/logistics fees, investment-management services (TMV INVESTMENTS), and digital solutions, primarily under quote-based custom pricing. Customers are predominantly European pallet manufacturers (via JUODELIAI), the Baltic and broader European furniture/construction industry (forthcoming FT BOARD particle board output), and European logistics clients. Distribution reaches the Baltics, Scandinavia, the UK, broader Europe, the US, North Africa, the Middle East, and parts of Asia. The group has also established the TMV FOUNDATION for charitable and educational partnerships (e.g., MO Museum) and has secured multiple ILTE UAB loans (€77M JPRESSWOOD, €24M JPACKAGING, €150M FT BOARD) with EU NextGenerationEU backing.

Name

TMV Capital

Legal name

UAB TMV Capital

Website

https://tmvcapital.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

TMV Capital is a Lithuanian privately held holding group that owns and operates vertically integrated subsidiaries across wood processing (JUODELIAI, JPACKAGING, JPRESSWOOD), timber trading (JTIMBER), forestry (JRANGA), and logistics (ŽAIBO RATAI, JCARGO), serving B2B pallet manufacturers, furniture/construction firms, and European shippers with >€200M group turnover and 1,000+ employees.

Ownership category

akta.pro rank

Headquarters

HQ city

Vilnius

HQ country

Lithuania

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Wood Processing: Revenue from wood processing operations including manufacturing of wooden pallet components (JUODELIAI), timber trading (JTIMBER), wooden pallets and pallet collars (JPACKAGING), and pressed pallet blocks (JPRESSWOOD). JUODELIAI achieved €211.5M sales revenue in 2022 with 52% growth.
2. Logistics Services: Transportation and logistics services through ŽAIBO RATAI (one of the biggest timber hauling companies in the Baltics) and JCARGO (full truckload transportation across Europe).
3. Investment Management: TMV INVESTMENTS seeks new investment directions focusing on innovative technologies and business models with high growth potential.
4. Digital Business Solutions: TMV COMPETENCE CENTER and JWEB develop digital products and platforms that strengthen both group companies and customers' positions.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

TMV Capital is a Lithuanian private holding company that owns and operates a diversified group of subsidiaries delivering investment management, timber-hauling and full-truckload logistics, wood processing (pallet components, pallets, pallet collars, pressed pallet blocks, particle boards), forestry services and digital business solutions. The group sells directly to enterprise customers across Europe, America and Asia through wholly owned subsidiaries.

Product overview

TMV Capital is a diversified business group operating as a holding/parent company structure with multiple subsidiary companies across four main areas: Investment Management (TMV INVESTMENTS), Logistics (ŽAIBO RATAI, JCARGO), Wood Processing (JUODELIAI, JTIMBER, JPACKAGING, JRANGA, JPRESSWOOD), and Digital Business Solutions (TMV COMPETENCE CENTER, JWEB). The company also maintains a charitable foundation (TMV FOUNDATION) and has a joint venture (FT BOARD) in particle board production. The group employs over 1,000 people with €200+ million turnover, focusing on innovative technologies, sustainable practices, and integrated wood industry ecosystem development from forestry through processing to logistics.

Differentiator

Problem solved

Functional benefit

Products and services

• JUODELIAI (Wooden Pallet Components) One of the leading producers of wooden pallet components in Europe. Operates five production facilities with up to 1.3 million m³ annual processing capacity, investing continuously in wood processing technologies. Serves pallet manufacturers in Western Europe.
• ŽAIBO RATAI (Timber Hauling Services) One of the biggest timber hauling companies in the Baltics, offering wood product transportation services throughout Europe with a developed transport fleet, logistics experts, experienced drivers and flexible service infrastructure.
• JTIMBER (Timber Trading) Fast-growing timber trade company that purchases and sells round wood, contributing to sustainable forest management, with import/export operations in Lithuania and across Europe.
• JTIMBER SIA (Latvia Timber Trading) Round wood trading operations in Latvia, part of the JTIMBER regional network under TMV Capital.
• JTIMBER Sp. z o. o. (Poland Timber Trading) Round wood trading operations in Poland, part of the JTIMBER regional network under TMV Capital.
• JPACKAGING (Wooden Pallets and Pallet Collars) Production of wooden pallet collars, pallet accessories, standard and non-standard wooden pallets, and machined timber. Modern plant with automated production lines in Šeduva industrial park. Wooden pallets supplied to Baltic States, Scandinavia and UK; pallet collars exported to Europe, Asia, US and North Africa.
• JRANGA (Forestry Services) Specializes in wood raw material preparation, providing logging, timber extraction and wood chipping services with modern PONSSE equipment as part of the TMV Capital group's sustainable forestry operations.
• JCARGO (Full Truckload Transportation) Transportation service provider specializing in full truckload (FTL) transportation across Europe, ensuring high service quality and efficient cooperation with carriers.
• JPRESSWOOD (Pressed Pallet Blocks) Production of high value-added pressed pallet blocks using wood industry waste (sawdust, wood chips, bark) as primary raw material. Modern automated production plant under construction in Marijampolė region with planned capacity of 200,000-250,000 m³ annually.
• TMV INVESTMENTS (Investment Management) Investment arm of TMV Capital that seeks new investment directions, focusing on innovative technologies and business models with high growth potential and strong competitive advantage.
• TMV COMPETENCE CENTER (Digital Business Solutions) Assists group enterprises in digitizing business processes, improving operational efficiency, increasing productivity, and gaining competitive advantage through IT and technology solutions.
• JWEB (Website Solutions Development) Develops new website solutions and improves existing ones to optimize and elevate processes of the group of companies.

Quantifiable outcome

• JUODELIAI sales revenue grew 52% to €211.5 million in 2022
• +3 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature4 records

Partnerships

Nine partnerships are on record, tiered core, major and minor.

• FREDA UABcoreStrategic or Co-development Partner · 5 January 2026Joint project FT BOARD between FREDA and TMV CAPITAL group. FREDA is a partner with extensive market experience in developing particle board production complex valued at €200 million in Marijampolė region.
• AB Panevėžio statybos trestas (PST)majorImplementation/ SI/ Consulting Partner · 24 September 2025PST is the main contractor for construction of JPRESSWOOD plant (€42 million contract) and JPACKAGING plant (~€14 million contract). PST GROUP AB implements construction work for approximately 20,000 m² facilities.
• Marijampolė Cultural CenterminorStrategic or Co-development Partner · 17 September 2025TMV FOUNDATION and MO Museum partnership hosted at Marijampolė Cultural Center, providing educational workshops for local school students.
• Blue/Yellow (VERSLO FRONTAS)minorOthers · 4 July 2024TMV FOUNDATION joined VERSLO FRONTAS initiative to provide regular support for Ukraine, demonstrating corporate social responsibility and solidarity with Ukraine.
• GRENcoreStrategic or Co-development Partner · 21 June 2024Northern European energy company GREN partnered with JUODELIAI to implement industrial energy services converting wood processing residues into valuable industrial heat for lumber drying in the new Marijampolė plant. GREN will install 10 MW capacity boiler, initially providing 5 MW heat.
• PONSSEminorOthers · 15 March 2024Finnish forestry machinery manufacturer. JRANGA acquired €3 million worth of cutting-edge PONSSE forestry machinery (harvesters and forwarders) for logging and timber extraction services.
• MO MuseumcoreStrategic or Co-development PartnerTMV FOUNDATION partners with MO Museum for cultural education projects. Partnership includes traveling exhibitions to Marijampolė and educational workshops for local school students, supporting youth education and cultural awareness.
• TartleminorStrategic or Co-development PartnerLithuanian art discovery platform. TMV FOUNDATION partners with Tartle as part of cultural education initiatives supporting youth and public education.
• BENDRIEJI STATYBŲ PROJEKTAIminorImplementation/ SI/ Consulting PartnerDesign company that developed construction project for JPRESSWOOD plant.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Mondi Group: European paper and packaging group with significant corrugated/pallet-adjacent operations — comparable in serving European industrial customers with wood-based packaging and operating an integrated forest-to-customer value chain.
• UPM-Kymmene: Finnish-listed forest-products major with European sawmill, plywood, and timber-component operations — comparable as a diversified European wood/forest-products platform with downstream manufacturing and a circular-economy angle.
• Stora Enso: Nordic forest-products major producing sawn timber, wood-based panels, and biomaterials — directly comparable in wood-component manufacturing and downstream panel products relevant to FT BOARD's particle-board push.
• West Fraser Timber: North American lumber, panel, and pulp producer — comparable as a vertically integrated wood-products platform with panel capacity relevant to TMV's downstream ambitions in wood panels and pallet-related components.

Direct peers

• Kronospan: World's largest particle-board/MDF producer with plants across Europe — directly comparable as the FT BOARD JV's primary competitor in the European wood-panel market and as a key downstream buyer of wood-industry by-products.
• Brambles Limited: Global pallet and container-pooling leader (CHEP) — directly comparable as the dominant pallet/block platform serving European and global logistics customers, competing for the same pallet-component demand that JUODELIAI/JPACKAGING serve.
• Binderholz: Austrian family-owned integrated sawmill and engineered-wood group producing sawn timber, panels, pellets, and pallet blocks — closely comparable to TMV's integrated forestry-to-pallet-block model in the DACH/CEE region.
• Conner Industries: US pallet and pallet-component manufacturer — comparable as a pallet-focused manufacturer serving industrial/logistics customers, though regionally focused on North America.
• EGGER Group: Austrian family-owned wood-based panels manufacturer (particleboard, MDF, OSB) — comparable end-market and feedstock profile to FT BOARD, with strong European furniture/construction sector exposure.
• PalletOne: US-based pallet manufacturer producing new and recycled wooden pallets — comparable product offering to JPACKAGING for industrial customers, though operating in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/tmv-capital

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TMV Capital