One of the largest deal this year – the sale of Litagra trading business has been closed. DOMINAS DERLING advised the sell side
Litagra - one of the largest agro groups in the Baltics has completed the sale of its trading business and elevator network in Lithuanian and Latvia to Achema Group.
Deal value was over EUR 25.56 million. The elevator network with the total capacity of over 200,000 tonnes accounts for the larger part of LP Group‘s non-current assets. Consolidate income of Litagra Prekyba for the 2016-2017 fiscal year, which ended on 30 June 2017, amounted to EUR 146.3 million.
DOMINAS DERLING advised the sell side. The team was led by the partner Gediminas Dominas and associate Domas Šileika.
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.