On May 7, 2025 Vilkyškių pieninė AB, a member of the VILVI Group, signed a Sales and Purchase Agreement (hereinafter – the SPA) with Karpis UAB regarding the acquisition of ordinary registered shares of Marijampolės pieno konservai UAB (hereinafter – the Company). Initial acquisition object: from 90% to 100% of the Company’s shares. The final number of shares to be acquired will depend on the implementation of the conditions set forth in the SPA.
Ownership right of the Company’s shares will transfer to AB Vilkyškių pieninė only if approval for the concentration is obtained from the Competition Council of the Republic of Lithuania and all other preconditions set out in the SPA are fulfilled.
The final purchase price for the Company’s shares will be determined after the completion of the financial due diligence process and based on the Company’s current performance results, as stipulated in the SPA. Once the exact number of shares to be acquired and the final price are established, this information will be publicly disclosed.
Additional information and comments:
Gintaras Bertašius
CEO of VILVI Group
Phone: +370 655 55001
Email: [email protected]
