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
Related deals
Malaga Investment has acquired and delisted What’s Cooking?
Malaga Investment SCSp has acquired and delisted What’s Cooking Group N.V./S.A. (What’s Cooking?), providing the group with a stable ownership structure and increased flexibility to execute its strategic growth ambitions, including continued investment in its production footprint, product innovation and selected acquisition opportunities.
Learn moreGroupe SHFC has been acquired by Creadev
CREADEV has acquired a majority stake in Groupe SHFC to establish a European leader in soil health.
Learn moreBalticovo has acquired Babičkin dvor
Balticovo has acquired 100% of the shares in Babičkin dvor. The acquisition marks Balticovo’s direct entry into the Slovak market and establishes a platform for further growth in Central Europe. Balticovo plans to expand Babičkin dvor’s production capacity through investments in new facilities, technology and know-how, supporting the continued development of domestic egg production in Slovakia.
Learn more