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Deals

“Outstanding strategic thinkers.” (Legal 500, 2016)

25.01.2018

AUGA group, AB acquires shares of UAB Arginta Engineering

Primus represented AUGA group, AB in the acquisition of 100 per cent of shares from UAB Arginta Engineering for EUR 6,4 million. The acquisition should close upon receiving the necessary approval from the Competition Council of the Republic of Lithuania.

AUGA group is Europe’s largest organic food producer from field to shelf. The group of companies manages approx. 33,000 ha of organically certified arable land and develops sustainable farming model, based on new technologies, specializing in crops, dairy cows, chicken and mushroom growing.

UAB Arginta Engineering specializes in the design and production of customized metal constructions.

The acquisition will strengthen AUGA group’s competencies in technology sector.

Primus’ team included partners Giedrė Dailidėnaitė and Ernesta Žiogienė.

More information on the transaction can be found here.

Contacts

Latvia

Sporta str. 11, LV-1013, Riga

Lithuania

Konstitucijos av. 7, LT-09308, Vilnius

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