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Primus Helps Litagra with Reorganization

Primus Helps Litagra with Reorganization

Lithuania
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Primus has represented and advised UAB Litagra, one of the largest agricultural companies in Lithuania, on its now-completed reorganization and division into two companies: UAB LP Grupe, which will take over the trade and elevator business, and UAB Litagra, which will operate the activities of feed production and agricultural business.

According to Primus, "Litagra Group is a leading Baltic agricultural group. Group companies are engaged in the production of primary crop and livestock products, grain processing, agricultural services, as well as corporate management, consulting and investment .... [Its] reorganization was necessary to complete the transaction with Achema Group, which acquired the trade and elevator business."

Primus Partner Ernesta Ziogiene and Associate Sarune Prankonyte led the firm's team.