Jaunpils Pienotava has completed a valuation and review of strategic options
June 2019 — The shareholders of Jaunpils Pienotava have completed a valuation on strategic options regarding a merger proposal and alternative scenarios.
Jaunpils Pienotava is a Latvian dairy producer, owned by a farmer cooperative that supplies it with milk. It produces cheese, quark, desserts, dairy-based drinks and sour cream under its own brands and is also a private label supplier to the large retailers in Latvia.
Piena Ceļš is a farmers cooperative that aggregates its members' milk supply for collective bargaining.
Our role in the transaction
Oaklins' team in Latvia advised Piena Ceļš, the cooperative that owns Jaunpils Pienotava. The team evaluated a merger proposal with another cooperative and other possible structures, as well as the impact on current shareholder's value. This included a valuation of Jaunpils Pienotava, one of the cooperative's main assets.
Talk to the deal team
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