Linas Agro Group receives competition clearance for acquiring the agriculture giant Kauno grūdai

Our Corporate team has successfully assisted AB Linas Agro Group in receiving competition clearance in Lithuania without any conditions imposed by the authority in one of the most significant merger control cases in recent years – the acquisition of AB Kauno grūdai group of companies.

With our supervision, competition clearances were also received in Poland, Estonia and Russia.

The acquisition will form an agriculture market’s leader, the revenue of which will exceed 1 billion, making it one of the top 5 Lithuanian companies’ groups by revenue. After the transaction AB Linas Agro Group will employ more than 6’000 employees, making it the second-largest employer in Lithuania. The acquirer and the target will form a group that will control more than 110 companies established over more than 8 countries.