History and owners

HISTORY AND SHAREHOLDERS

INTRAC Group began its operations as part of the Finnish company Thomesto Oy. Since the 1970s, the company had been active in the Baltic states, trading in self-propelled and other heavy machinery. To strengthen customer service and ensure professional technical support, Thomesto established subsidiary companies in all three Baltic countries in 1994.
In 1995, a regional parent company was founded, responsible for the sales, marketing, and development strategy of self-propelled machinery in the Baltic region.
In 2002, the group’s management, together with the Baltic Investment Fund, took over control of the company by purchasing shares from Thomesto Oy. This became an important turning point, reinforcing INTRAC’s independent growth.
In the following years, INTRAC Group AB continued to expand and strengthen its leadership in the region. For many years, the company was managed from its headquarters in Stockholm, which coordinated operations in Lithuania, Latvia, and Estonia. In 2008, the group further expanded its geographical footprint by establishing a subsidiary in Poland.
For many years, the shareholders of INTRAC Group AB were the Baltic Investment Fund, the investment company Nalka Invest, and the group’s management.
In March 2023, the company entered a new stage of development — INTRAC Group AB became part of the Estonian investment company United Partners, headquartered in Tallinn. This change provided the group with greater financial stability and additional strategic opportunities. The company’s structure was reorganized, and it became an Estonian-owned enterprise under the name INTRAC Group OU.

INTRAC Lietuva began its operations in 1994 as a foreign-capital company named UAB Miško mašinos.
In 1999, the company was renamed UAB Thomesto mašinos, and in 2000, together with the entire group, it became UAB INTRAC Lietuva.
Today, INTRAC Group OU is one of the largest and strongest suppliers of tracked and wheeled heavy machinery in the Baltic states, offering not only machinery sales but also complete maintenance and technical support. The company represents globally recognized brands such as John Deere Forestry, CASE Construction, Develon, Manitou, BOMAG, Svetruck, and others.
Currently, across the entire represented territory, the company operates 13 sales and service branches and more than 60 mobile service and repair vehicles, ensuring fast and professional customer support throughout the region.