Advised an international agribusiness corporate group

Our team has advised an international agribusiness corporate group in a merger notification for the cross-border acquisition of an agricultural company from an overseas asset management company.

The acquisition of the agricultural company with the diverse portfolio of the milk production, grain and seed production, will expand the group’s managed cultivated land area to 17000 hectares, making it one of the leading land owners in Lithuania. Moreover, the company’s modern milk production facilities combined with the cultivation of plants is a close match for the corporate group’s strategy and expertise points, making the acquisition one of the stepping stones in pursuing the successful expansion of the group.

The deal is expected to be closed on 30 September 2013 if there are no objections from the Lithuanian Competition Council.

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