DOMINAS DERLING advises in connection with the sale of Litagra’s trading business to Achema Group

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DOMINAS DERLING advised the shareholders of Litagra (Invalda INVL, Amber Trust II, as well as individuals) in connection with the sale of the Litagra’s trading business to Achema Group. The team was led by the partner Gediminas Dominas and associate Domas Šileika.
 
Litagra is one of the the Baltic region’s leading agribusiness groups. Achema Group is one of Lithuania’s largest business groups, uniting more than 40 companies with operations in Lithuania, Latvia, Estonia, Poland, Germany, France, Belgium, Finland and Sweden.
 
The Litagra group’s trading activities include the distribution of plant protection products, grain purchasing, processing of primary farming products. The group’s companies are active in the local market (Lithuania, Latvia, and Estonia) and export to other markets including Russia, the Middle East, and Central Asia. In the fiscal year 2015/2016, the Litagra group of companies had audited revenue of 155 million euros, EBITDA of 4.9 million euros, and a profit of 1.3 million euros.
 
DOMINAS DERLING is a Lithuanian business law firm with over 20 years of international experience in high profile transactions and disputes. Firm’s strength is reflected in solid M&A track record and unique commercial arbitration experience. DOMINAS DERLING is a member of pan-Baltic DERLING network of law firms which also includes DERLING in Estonia and KRONBERGS ČUKSTE DERLING in Latvia.
 
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