COBALT represents the shareholders of AB Kauno grūdai, AB Kaišiadorių paukštynas and AB Vilniaus paukštynas in the transfer of controlling stakes to AB Linas Agro Group

COBALT represents the shareholders of AB Kauno grūdai, AB Kaišiadorių paukštynas and AB Vilniaus paukštynas, who seek to transfer their controlling stakes in these and related companies to AB Linas Agro Group. The value of the transaction is not disclosed. Completion of the transaction requires the permission of the Competition Council.

AB Kauno Grūdai together with Vilnius and Kaišiadoriai poultry farms and subsidiaries form a group of one of the largest, most modern and economically strongest companies, which has been operating successfully for almost three decades, covering the entire production chain “from field to table”, ensuring self-sufficiency traceability and quality of the products produced. The group of companies is engaged in flour and flour products, instant products, crop production, compound feed and premixes, veterinary pharmacy, trade in raw materials, extruded products and pest control and hygiene products. The group of companies employs 3,900 people.

AB Linas Agro Group together with the managed companies jointly form the group of companies established in 1991, which operates in Lithuania, Latvia, Estonia and Ukraine. The Group companies produce, prepare and sell agricultural raw materials and food products, supply goods and services to farmers – the Group is one of the largest Lithuanian and Latvian grain exporters, a large milk producer, the largest poultry producer in Latvia and one of the leaders in supplying goods to farmers in Lithuania.

COBALT prepares transaction documents, represents the client in negotiations, provides consultations on all issues related to the transaction. The project team consists of the Managing partner Dr Irmantas Norkus, senior associate Inga Mažvilaitė and associate Milda Vaznelytė, partner Rasa Zaščiurinskaitė, senior associate Justinas Šileika and partner Rokas Daugėla.