Eurotrack

Mergers

Agrone completes purchase of Latvia's largest dairies from Food Union

· Dairy

Location
Riga · 🇪🇪 Estonia / Latvia
Sector
Food
Organisations
Agrone Group ↔ Food Union Management (Rīgas piena kombināts, Valmieras piens)
Transaction
Acquisition (100%)
Volume
not disclosed
Status
completed

Estonia's largest agricultural group Agrone closed the purchase of 100% of Food Union Management on 30 October 2026. The holding controls majority stakes in Rīgas piena kombināts and Valmieras piens. The seller is Food Union Luxembourg Holdings II, both Estonian and Latvian competition authorities cleared the deal and SEB provided financing. The price was not disclosed, and operations and brands are initially unchanged (ERR News, 31 October 2026).

Source: news.err.ee ↗ · Archived copy ↗

Evidence: one source · archived copy saved · How well sourced is Eurotrack?

✉ Report an error

More from: 🇪🇪 Estonia · 🇱🇻 Latvia

Open in the tracker →