Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Saturday, 04.07.2015, 04:40

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Belgian company acquires Dobele chemicals producer Tenachem

Belgian company acquires Dobele chemicals producer Tenachem

02.07.2015

The Belgian producer of caulks, polyurethane foams and adhesives Soudal has acquired the Dobele construction chemicals producer Tenacham, according to a statement posted on the Belgian company's website, cites LETA.

Keyword tags: EU – Baltic States, Latvia, Legislation, Markets and Companies, Mergers and take-overs



Olerex buys Lukoil petrol stations in Estonia

Olerex buys Lukoil petrol stations in Estonia

03.06.2015

OAO Lukoil via its asset management company Lukoil European Holdings BV and Estonian fuel company Olerex via the asset management company Aqua Marina AS, signed a sales-purchase agreement, according to which Olerex acquires 100% of Lukoil Eesti AS shares, LETA/Postimees Online reports.

Food Union preparing to merge with Rigas piensaimnieks

Food Union preparing to merge with Rigas piensaimnieks

01.06.2015

Meridian Capital, the financial partner of the Latvian dairy and milk processing company Food Union, will acquire one of the largest dairy producers in Latvia Rigas piensaimnieks, in order to merge both companies, Food Union spokeswoman Linda Mezgaile informed LETA.


Estonian Graanul Invest acquires Latvian wood pellet producer Latgran

Estonian Graanul Invest acquires Latvian wood pellet producer Latgran

22.05.2015

Swedish companies BillerudKorsnas AB and Baltic Resources AB have signed an agreement on acquisition of 100% stake in Latvian wood pellet producer Latgran by Estonian company Graanul Invest, the company's representatives informed LETA.

Estonia's Julianus bought a competitor

Estonia's Julianus bought a competitor

28.04.2015

Estonia's largest debt collection company Julianus Grupp OÜ announced that it acquired OÜ Castovanni, a debt collection agency operating in Estonia and Latvia, whose growth they had carefully watched, Äripäev.ee/LETA reports.

23.04.2015

Apsara chief predicts loss of quality for sold "Mozums” brand in Latvia

The Lithuanian Gemaga’s acquisition deal for Latvia’s tea producer Inteka and its popular brand "Mozums”, could have an adverse affect on the quality of the tea, informs LETA.

21.04.2015

Lithuanian company Gemaga acquires Latvian tea producer Inteka

The Kaunas-based tea and coffee wholesale trade company Gemaga has acquired Latvian tea producer Inteka, the holder of the popular "Mozums" trademark that controls around one-third of the Latvian market, as Vz.lt reported on Monday. The amount of the deal has not been disclosed, but the Lithuanian portal indicates that the company's financial indexes have been declining for the past several years, reports LETA.

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