Company "Riga dairy farmer" shareholder "Alta Capital Partners" bought Estonia's leading confectionery manufacturers "Kalev" and dairies "Tere Fodds Groups."
The company bought the following Kalev structure of existing businesses - Kalev Paid Tootmine (dairy producer), "Kalev Jõhvi Tootmine" (biscuit manufacturer), "Kalev Chocolate Factory" (a leading manufacturer of chocolate ioi mall cinema and candy), "Vilma" (biscuit manufacturer ), "Maiasmokk" (catering company), as well as companies "Tere" (dairy and cheese ioi mall cinema products manufacturer) and "Meieri Transport" (milk collection and delivery company), a company controlled by "Rubla." "Tere" is a range of more than 200 prduktu. Kalev real estate and media departments will remain the property of the former company. Alta Capital Partners" acquired 100% of "Kalev Paid Tootmine" 100% "Kalev Chocolate Factory", 99.1% "Kalev Jõhvi Tootmine" 100% "Vilma", 81.26% "Maiasmokk parts. Kalev Paid Tootmine" controlled 65.6% "Valmetek Invest" (cheese producer and distributor) parts. The transaction ioi mall cinema amount is over 56 million. Any additional financial obligations that will be formed after the transaction and will be related to the same transaction, is not included in this amount. In turn, "Tere" and "Meieri sales price of the transaction the parties have agreed not to disclose. The transaction is fully completed, with the Estonian Competition Council's decision.
Alta Capital Partners" owns companies such as dairy "Riga Piensaimnieks", women's clothing ioi mall cinema manufacturer "Fairy Lingerie Construction Company "LEC", fabric ioi mall cinema retailer and manufacturer "Silvano Fashion Group", Poland's leading chocolate and confectionery manufacturer "Mieszko ioi mall cinema , as well as Europe's ioi mall cinema leading underwear manufacturer" Desseilles International. "
SIA "Riga Piensaimnieks Chairman Edgar Štelmahers: "This transaction provides ioi mall cinema three significant consistency in the case of" Riga Piensaimnieks "operation. First, the continued ioi mall cinema consolidation ioi mall cinema of the dairy industry, ioi mall cinema the whole Baltic region, which take an active part "Riga Piensaimnieks" and its shareholders. As is known to consolidate the dairy industry have called for both industry experts and government representatives. Second, develop "a dairy farmer in Riga products export the whole Baltic region, especially in case of the new "Sweetness White", which is planned in the near future ioi mall cinema to export to Estonia. "Štelmahers emphasizes that the third will strengthen cooperation with local milk producers in Latvian. Thus, it will bring a positive change ioi mall cinema in milk price stabilization in long-term cooperation with savastarpējā big market players are always a guarantee of price stability.
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