Polish competition authority has allowed us to implement concentration by acquiring KG Group
March 12, 2021
The Office of Competition and Consumer Protection of Poland has adopted a resolution allowing Linas Agro Group to implement the concentration and acquire the companies belonging to KG Group. Authorizations for concentrations have already been obtained by Linas Agro Group from the Latvian and Estonian competition authorities.
The decision of the Lithuanian and Russian competition authorities on the implementation of the concentration is currently awaited.
AB Linas Agro Group has signed share purchase agreements for acquisition of controlling stakes in AB Kauno Grūdai, AB Kaišiadorių Paukštynas, AB Vilniaus Paukštynas and related companies on October 2, 2020.
