Aktsiaselts Infortar completed the acquisition of Lithuanian agricultural group UAB Litagra through its subsidiary OÜ Infortar Agro on 29 October 2026, at an enterprise value of €95m.
Why OÜ Infortar Agro (Aktsiaselts Infortar) is buying UAB Litagra (100%)
Infortar operates in seven countries, with maritime transport, energy and real estate as its main activities; it also operates in construction and mineral resources and agriculture, which the Litagra deal expands.
Deal terms and financing
The transaction was based on an enterprise value of €95m. Taking into account Litagra's debt obligations, cash and other agreed price adjustments, the final purchase price for the shares was €63m.
Regulatory approvals and timing
Approvals were obtained from the competition authorities of Estonia, Latvia and Lithuania, and all conditions precedent were fulfilled before completion.
Market context
Infortar announced the deal on 8 September 2026. It owns 68.38% of Tallink Grupp, 100% of Elenger Grupp and a real estate portfolio of about 143,000 sq m.
