Agrowill : AUGA group, AB has received a permission of the Competition Council of the Republic of Lithuania to execute a concentration and acquire KTG AGRAR SE companies
January 13, 2017 at 09:55 am EST
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AUGA group
Notification on material event
AUGA group, AB has received a permission of the Competition Council of the Republic of Lithuania to execute a concentration and acquire KTG AGRAR SE companies
On 2 December, 2016 AUGA group, AB announced a notification on material event with regard acquisition of shares of KTG AGRAR SE subsidiaries in Lithuania and Germany. AUGA group, AB has informed that transaction will be completed upon receipt of permission of the Competition Council of the Republic of Lithuania to acquire KTG companies.
On 12 January, 2017 the Competition Council of the Republic of Lithuania adopted a resolution under which the company was given a permission to execute a concentration and acquire 100% shares of KTG AGRAR SE subsidiaries and sole control over companies listed below, according to the notification of concentration:
KTG Agrar UAB;
UAB Agrar Raseiniai;
UAB Agrar Mažeikiai;
UAB PAE Agrar;
UAB Delta Agrar;
fentus 10. GmbH;
norus 26. AG;
LT Holding AG;
Vladas Bagavičius
Member of the Board
tel. +37061031807
Agrowill Group AB published this content on 13 January 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 13 January 2017 14:55:04 UTC.
Original documenthttp://www.nasdaqomxbaltic.com/market/?pg=details&instrument=LT0000127466&list=3&tab=news&news_id=288627
Public permalinkhttp://www.publicnow.com/view/653E88C027FDF7ED0C9ED6C35447BB2481D98A6A
Auga Group AB, formerly Agrowill Group AB, is a Lithuania-based company engaged in the agriculture sector. The Companyâs activities are structured mainly into three divisions, namely Mushroom-growing, Plant production and Livestock production. The Company offers white, brown, portabella, eryngii, pleurotus and shiitake mushrooms. It specializes in organic wheat and other crops, including organic vegetables and organic feed for livestock in its farms. The Company supplies potatoes, beetroots, onions, carrots, marinated champignons, marinated beetroots, among others. The Company operates own trademark AUGA. In addition, the Company is involved in own farms management. The Company has numerous subsidiaries, including UAB Arginta Engineering, UAB AVG Investment and UAB Agro GIS, among others. It operates domestically on the Lithuania territory.
Agrowill : AUGA group, AB has received a permission of the Competition Council of the Republic of Lithuania to execute a concentration and acquire KTG AGRAR SE companies
AUGA GROUP AB 
