Livlande Agro has been acquired by Merito Partners

Juni 2026 — Merito Partners has acquired a controlling stake in Gaižēni SIA, one of Latvia’s leading pig farming companies operating under the Līvlande Agro brand, from NCH Capital and other shareholders. The company’s founder and management team will remain actively involved in the business, supporting its continued growth and development.

Gaižēni SIA, operating under the Līvlande Agro brand, is one of Latvia’s leading pig farming companies, with a history dating back to 1995 and an estimated 20% share of the domestic market. The company operates four modern, vertically integrated production facilities across Latvia and produces more than 100,000 finisher pigs annually. In addition to pig production, Gaižēni cultivates approximately 1,900 hectares of owned and leased agricultural land, using the harvested crops primarily for feed production. This integrated operating model enhances profitability while reducing exposure to commodity price volatility. The company has also invested in renewable energy solutions and maintains high standards of operational efficiency and biosecurity, positioning it among the most advanced pig farming operators in the region.

Merito Partners is a leading investment company in Latvia. Through a family of private investment funds, the firm invests in established businesses with strong market positions and long-term growth potential. Backed by more than 250 investors and over US$195 million in assets under management and administration, Merito Partners focuses on active ownership, partnering with management teams to support business development and value creation. The acquisition of Gaižēni marks Merito’s entry into the agricultural sector and expands its portfolio of long-term investments in leading Latvian companies.

NCH Capital is a global investment firm with more than US$3 billion in capital under management. Founded in 1993 and headquartered in New York, the firm has a long track record of investing in emerging markets across private equity, agribusiness, real estate and public securities. Through its agribusiness platform, NCH Capital has been an active investor in agricultural land and farming businesses across Central and Eastern Europe for more than three decades.

Vår rolle i transaksjonen

Oaklins’ team in Latvia acted as the exclusive financial advisor to the shareholders of Gaižēni SIA on its sale to Merito Partners. The team managed the entire sell-side process, including transaction preparation, buyer identification and outreach, marketing, negotiations and execution through successful closing.