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KG Group

Full company profile

uuid002ruwi

Namestring
KG Group
Legal namestring
AB Kauno Grūdai
Websiteurl
kggroup.eu
Company typeenum
Private
Founded yearint
1895
Descriptiontext

AB Kauno Grūdai (operating as KG Group) is a Lithuania-headquartered food and feed manufacturing company, headquartered at H. ir O. Minkovskių g. 63, Kaunas, with milling operations dating to 1895. The company is one of the largest food and feed producers in Lithuania, operating across two business divisions: Food Businesses (flour and flour products, coating systems, instant porridge, instant pasta, granola, protein bars, plant-based products, and ready-to-consume soups, stews, grain dishes, and vegetables) and Non-Food Businesses (raw material trading, veterinary pharmacy, compound animal feeds and premixes, pest control and hygiene products, and pet food). The company employs 986 people and reports sales revenue of 425 million EUR on its corporate website.

The company markets its products through a multi-channel distribution network comprising direct B2C e-commerce (kgshop.eu), a B2B self-service portal (b2b.kaunogrudai.lt), company-owned branded retail stores in Lithuania (Firminės parduotuvės), and international export operations reaching more than 50 countries via wholly-owned regional subsidiaries KG Latvija and KG Polska. Its product portfolio is structured as a house of brands, with ten registered sub-brands including Activus, Aport, Canis, City Taste, Effectus, La Murr, Pro Garden, Quatro, Sun Yan, and Vita Prem, each addressing distinct food or feed categories. Customer segmentation is horizontal across food industry businesses and consumers (primary) and the agriculture and animal care sector (secondary), with no single customer logo disclosed and no public pricing schedule available.

AB Kauno Grūdai is a wholly-owned subsidiary of AB Akola Group, a diversified agricultural and food production conglomerate publicly listed on Nasdaq Vilnius stock exchange with approximately 2 billion EUR in aggregate annual revenue across all managed entities. The company has been recognized by the Top Employer Institute in 2023, 2024, and 2025 — described as the first Lithuanian food industry company to receive this certification. No external funding rounds, AI/ML capabilities, proprietary technology patents, or third-party technology integrations are disclosed in the available data.

Short descriptiontext

AB Kauno Grūdai is one of Lithuania's largest food and feed manufacturers, producing flour, ready-to-eat meals, animal feeds, premixes, pet food, and veterinary products for B2B and B2C customers across 50+ countries, operating as a subsidiary of Nasdaq Vilnius-listed AB Akola Group.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersKaunas, Lithuania
HQ citystring
Kaunas
HQ countrystring
Lithuania
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
flour milling, animal feed production, ready-to-eat meals, pet food manufacturing, grain processing
Industry4 codes
1Bakery & Confectionery Wholesale
CodeAFAIABAGPrimaryYes
2Functional Snacks & Bars Manufacturing (High-Protein, High-Fiber, Probiotic Snacks)
CodeAFAKAJAGPrimaryNo
3Wholesale / Commercial Bakeries (B2B Supply)
CodeTHAFAFAFPrimaryNo
4Snack Bakery (Cookies, Crackers, Bars) Wholesale
CodeAFAIAFAIPrimaryNo
NAICS code4 codes
  • Bakeries and Tortilla Manufacturing3118
  • Food Manufacturing311
  • Snack Food Manufacturing31191
  • Other Snack Food Manufacturing311919
SIC code4 codes
  • Food And Kindred Products2000
  • Bakery Products2050
  • Wholesale-Groceries & Related Products5140
  • Miscellaneous Food Preparations & Kindred Products2090
Product category
Food and Feed Manufacturing
Social media profiles2 records
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Food Products Manufacturing and Sales
TypeOne Time License
Description

Manufacturing and sale of flour, coating systems, ready-to-eat porridge, ready-to-eat pasta, granola, protein bars, plant-based products, and ready-to-consume soups, stews, grain dishes, and vegetables to B2B and B2C customers.

kaunogrudai.lt
2Non-Food Products
TypeOne Time License
Description

Trading of raw materials, veterinary pharmacy products, combined animal feed and premixes, pest control and hygiene products, and pet food manufacturing and sales.

kaunogrudai.lt
3B2B Self-Service Portal
TypeTransaction Fee
Description

B2B e-commerce platform (b2b.kaunogrudai.lt) for business customer transactions and ordering.

kaunogrudai.lt
4Consumer E-commerce
TypeOthers
Description

Direct-to-consumer online sales through kgshop.eu platform.

kaunogrudai.lt
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 10 records shown
1Activus
Description

Food brand

kaunogrudai.lt
+9 more records
Core offering1 text field

KG Group (AB Kauno Grūdai) manufactures and sells food and feed products through two main divisions. The Food Businesses segment produces flour and flour products, coating systems, instant porridges and pasta, granola, protein bars, plant-based products, and ready-to-eat soups, stews, grain dishes, and vegetables. The Non-Food Businesses segment handles raw material trading, veterinary pharmacy, compound animal feeds and premixes, pest control and hygiene products, and pet food. The company sells these products through a B2B self-service portal, B2C e-commerce (kgshop.eu), branded retail stores, and exports to 50+ countries via subsidiaries in Latvia and Poland.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • 425 million EUR in sales revenue
+2 more records
Product overview1 text field

KG Group (AB Kauno Grūdai) operates as a diversified food and agricultural production company organized into two main divisions: Food Businesses and Non-Food Businesses. The Food Businesses segment encompasses flour and flour products, coating systems, instant porridges, instant pasta, granola, protein bars, plant-based products, and ready-to-eat meals (soups, stews, grain dishes, vegetables). The Non-Food Businesses include raw material trading, veterinary pharmacy, compound feeds and premixes, pest control and hygiene products, and pet food. The company markets its products under multiple sub-brands including Activus, Aport, Canis, City Taste, Effectus, La Murr, Pro Garden, QUATRO, Sun Yan, and Vita Prem. KG Group also operates subsidiaries in Latvia (KG Latvija) and Poland (KG Polska). The company is part of AB Akola Group, one of the largest Baltic region agricultural and food production groups with annual revenues of approximately 2 billion euros.

Product and service1 record
1Flour and Flour Products (Miltai ir miltų produktai)
Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
1AB Akola Group
Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

AB Kauno Grūdai belongs to AB Akola Group, one of the largest Baltic region agricultural and food manufacturing company groups. AB Akola Group shares are listed on Nasdaq Vilnius stock exchange. Total annual revenue of all companies managed by AB Akola Group reaches 2 billion EUR.

kaunogrudai.lt
2KG Latvija
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Subsidiary company operating in Latvia as part of KG Group's regional expansion strategy.

kaunogrudai.lt
Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Subsidiary company operating in Poland as part of KG Group's regional expansion strategy.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Nordic branded consumer goods conglomerate with food, pet food, and animal nutrition across Northern and Eastern Europe. Comparable diversified structure across branded food, pet food, and feed ingredients with strong Baltic/Nordic presence.

TypeDirect peer
Description

Major Baltic food distribution and wholesale company serving retail and HoReCa with broad packaged grocery portfolios. Direct peer for KG Group's B2B self-service portal and wholesale bakery/ingredient distribution model across the Baltics.

TypeBroad incumbent
Description

Global pasta and bakery products manufacturer serving retail and foodservice worldwide. Comparable in pasta and ready-to-eat grain-based meal categories that overlap with KG Group's instant pasta and RTE offerings.

TypeBroad incumbent
Description

Global agribusiness with extensive grain origination, flour milling, animal nutrition, and pet food operations. Overlaps with KG Group's milling, feed/premix, and pet food segments at a much larger global scale.

TypeRegional player
Description

Polish processed food producer with frozen vegetables, ready meals, and convenience food lines serving Polish and neighboring markets. Direct regional peer for KG Group's ready-to-consume meals, vegetables, and processed food categories in Central Europe.

TypeRegional player
Description

Finnish food company with plant-based and grain-based product lines primarily serving Northern and Baltic European markets. Comparable in plant-based and cereal-snack categories with overlapping Nordic/Baltic distribution footprint.

TypeBroad incumbent
Description

Global cereal and snack food manufacturer with leading brands in granola, protein bars, and ready-to-eat meals. Direct product overlap with KG Group's granola, protein bar, and ready-to-consume meal offerings.

TypeBroad incumbent
Description

Largest global packaged food company with portfolio across ready meals, cereal-based products, plant-based, and pet care (Purina). Comparable in ready-to-eat meals, plant-based lines, and pet food segments that mirror KG Group's diversified food/non-food structure.

TypeDirect peer
Description

Lithuanian agribusiness and food group with overlapping activities in grain trading, animal feed, and food production. Headquartered in the same Baltic market with comparable product mix across crop-based commodities and value-added foods.

TypeDirect peer
Description

Estonian flour milling and cereal company operating in the same Baltic region with comparable milling heritage, grain-based product portfolio, and B2B distribution to industrial buyers. Direct peer for KG Group's core milling and bakery ingredient business.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

KG Group

Food and Feed Manufacturingkggroup.eu

AB Kauno Grūdai is one of Lithuania's largest food and feed manufacturers, producing flour, ready-to-eat meals, animal feeds, premixes, pet food, and veterinary products for B2B and B2C customers across 50+ countries, operating as a subsidiary of Nasdaq Vilnius-listed AB Akola Group.

What KG Group does

AB Kauno Grūdai (operating as KG Group) is a Lithuania-headquartered food and feed manufacturing company, headquartered at H. ir O. Minkovskių g. 63, Kaunas, with milling operations dating to 1895. The company is one of the largest food and feed producers in Lithuania, operating across two business divisions: Food Businesses (flour and flour products, coating systems, instant porridge, instant pasta, granola, protein bars, plant-based products, and ready-to-consume soups, stews, grain dishes, and vegetables) and Non-Food Businesses (raw material trading, veterinary pharmacy, compound animal feeds and premixes, pest control and hygiene products, and pet food). The company employs 986 people and reports sales revenue of 425 million EUR on its corporate website.

The company markets its products through a multi-channel distribution network comprising direct B2C e-commerce (kgshop.eu), a B2B self-service portal (b2b.kaunogrudai.lt), company-owned branded retail stores in Lithuania (Firminės parduotuvės), and international export operations reaching more than 50 countries via wholly-owned regional subsidiaries KG Latvija and KG Polska. Its product portfolio is structured as a house of brands, with ten registered sub-brands including Activus, Aport, Canis, City Taste, Effectus, La Murr, Pro Garden, Quatro, Sun Yan, and Vita Prem, each addressing distinct food or feed categories. Customer segmentation is horizontal across food industry businesses and consumers (primary) and the agriculture and animal care sector (secondary), with no single customer logo disclosed and no public pricing schedule available.

AB Kauno Grūdai is a wholly-owned subsidiary of AB Akola Group, a diversified agricultural and food production conglomerate publicly listed on Nasdaq Vilnius stock exchange with approximately 2 billion EUR in aggregate annual revenue across all managed entities. The company has been recognized by the Top Employer Institute in 2023, 2024, and 2025 — described as the first Lithuanian food industry company to receive this certification. No external funding rounds, AI/ML capabilities, proprietary technology patents, or third-party technology integrations are disclosed in the available data.

KG Group firmographics

Firmographics
Name
KG Group
Legal name
AB Kauno Grūdai
Website
https://kggroup.eu
Company type
Private
Founded year
1895
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
AB Kauno Grūdai is one of Lithuania's largest food and feed manufacturers, producing flour, ready-to-eat meals, animal feeds, premixes, pet food, and veterinary products for B2B and B2C customers across 50+ countries, operating as a subsidiary of Nasdaq Vilnius-listed AB Akola Group.
Ownership category
akta.pro rank

KG Group industry classification

Industry
Product category
Food and Feed Manufacturing
NAICS
Bakeries and Tortilla Manufacturing (3118), Food Manufacturing (311), Snack Food Manufacturing (31191), Other Snack Food Manufacturing (311919)
SIC
Food And Kindred Products (2000), Bakery Products (2050), Wholesale-Groceries & Related Products (5140), Miscellaneous Food Preparations & Kindred Products (2090)
akta.pro primary industry
Bakery & Confectionery Wholesale (AFAIABAG)
akta.pro secondary industries
Functional Snacks & Bars Manufacturing (High-Protein, High-Fiber, Probiotic Snacks) (AFAKAJAG), Wholesale / Commercial Bakeries (B2B Supply) (THAFAFAF), Snack Bakery (Cookies, Crackers, Bars) Wholesale (AFAIAFAI)

Keywords

  • Flour milling
  • Animal feed production
  • Ready-to-eat meals
  • Pet food manufacturing
  • Grain processing

Where KG Group is headquartered

Location

Headquarters

HQ city
Kaunas
HQ country
Lithuania
HQ region
Europe

Offices1 record

Markets served

KG Group business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales

Revenue model

  1. Food Products Manufacturing and Sales: Manufacturing and sale of flour, coating systems, ready-to-eat porridge, ready-to-eat pasta, granola, protein bars, plant-based products, and ready-to-consume soups, stews, grain dishes, and vegetables to B2B and B2C customers.
  2. Non-Food Products: Trading of raw materials, veterinary pharmacy products, combined animal feed and premixes, pest control and hygiene products, and pet food manufacturing and sales.
  3. B2B Self-Service Portal: B2B e-commerce platform (b2b.kaunogrudai.lt) for business customer transactions and ordering.
  4. Consumer E-commerce: Direct-to-consumer online sales through kgshop.eu platform.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels3 records

KG Group product offering

Product offering

Core offering

KG Group (AB Kauno Grūdai) manufactures and sells food and feed products through two main divisions. The Food Businesses segment produces flour and flour products, coating systems, instant porridges and pasta, granola, protein bars, plant-based products, and ready-to-eat soups, stews, grain dishes, and vegetables. The Non-Food Businesses segment handles raw material trading, veterinary pharmacy, compound animal feeds and premixes, pest control and hygiene products, and pet food. The company sells these products through a B2B self-service portal, B2C e-commerce (kgshop.eu), branded retail stores, and exports to 50+ countries via subsidiaries in Latvia and Poland.

Product overview

KG Group (AB Kauno Grūdai) operates as a diversified food and agricultural production company organized into two main divisions: Food Businesses and Non-Food Businesses. The Food Businesses segment encompasses flour and flour products, coating systems, instant porridges, instant pasta, granola, protein bars, plant-based products, and ready-to-eat meals (soups, stews, grain dishes, vegetables). The Non-Food Businesses include raw material trading, veterinary pharmacy, compound feeds and premixes, pest control and hygiene products, and pet food. The company markets its products under multiple sub-brands including Activus, Aport, Canis, City Taste, Effectus, La Murr, Pro Garden, QUATRO, Sun Yan, and Vita Prem. KG Group also operates subsidiaries in Latvia (KG Latvija) and Poland (KG Polska). The company is part of AB Akola Group, one of the largest Baltic region agricultural and food production groups with annual revenues of approximately 2 billion euros.

Differentiator

Problem solved

Functional benefit

Brands

  • Activus: Food brand
  • Aport
  • Canis
  • CityTaste
  • Effectus
  • La Murr
  • Pro Garden
  • Quatro
  • Sun Yan
  • Vita Prem

Products and services

  • Flour and Flour Products (Miltai ir miltų produktai)

Quantifiable outcome

  • 425 million EUR in sales revenue
  • +2 more outcomes

Companies that use KG Group

Customer profile

Segments2 records

Ideal customer profiles3 records

KG Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

KG Group partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered flagship and core.

  • AB Akola GroupflagshipStrategic or Co-development PartnerAB Kauno Grūdai belongs to AB Akola Group, one of the largest Baltic region agricultural and food manufacturing company groups. AB Akola Group shares are listed on Nasdaq Vilnius stock exchange. Total annual revenue of all companies managed by AB Akola Group reaches 2 billion EUR.
  • KG LatvijacoreChannel Partner/ Reseller/ DistributorSubsidiary company operating in Latvia as part of KG Group's regional expansion strategy.
  • KG PolskacoreChannel Partner/ Reseller/ DistributorSubsidiary company operating in Poland as part of KG Group's regional expansion strategy.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

KG Group competitors and assessment

Company assessment

Broad incumbents

  • Orkla: Nordic branded consumer goods conglomerate with food, pet food, and animal nutrition across Northern and Eastern Europe. Comparable diversified structure across branded food, pet food, and feed ingredients with strong Baltic/Nordic presence.
  • Barilla Group: Global pasta and bakery products manufacturer serving retail and foodservice worldwide. Comparable in pasta and ready-to-eat grain-based meal categories that overlap with KG Group's instant pasta and RTE offerings.
  • Cargill: Global agribusiness with extensive grain origination, flour milling, animal nutrition, and pet food operations. Overlaps with KG Group's milling, feed/premix, and pet food segments at a much larger global scale.
  • General Mills: Global cereal and snack food manufacturer with leading brands in granola, protein bars, and ready-to-eat meals. Direct product overlap with KG Group's granola, protein bar, and ready-to-consume meal offerings.
  • Nestlé: Largest global packaged food company with portfolio across ready meals, cereal-based products, plant-based, and pet care (Purina). Comparable in ready-to-eat meals, plant-based lines, and pet food segments that mirror KG Group's diversified food/non-food structure.

Direct peers

  • Sanitex: Major Baltic food distribution and wholesale company serving retail and HoReCa with broad packaged grocery portfolios. Direct peer for KG Group's B2B self-service portal and wholesale bakery/ingredient distribution model across the Baltics.
  • Linas Agro Group: Lithuanian agribusiness and food group with overlapping activities in grain trading, animal feed, and food production. Headquartered in the same Baltic market with comparable product mix across crop-based commodities and value-added foods.
  • Tartu Mill: Estonian flour milling and cereal company operating in the same Baltic region with comparable milling heritage, grain-based product portfolio, and B2B distribution to industrial buyers. Direct peer for KG Group's core milling and bakery ingredient business.

Regional players

  • Hortex: Polish processed food producer with frozen vegetables, ready meals, and convenience food lines serving Polish and neighboring markets. Direct regional peer for KG Group's ready-to-consume meals, vegetables, and processed food categories in Central Europe.
  • Raisio: Finnish food company with plant-based and grain-based product lines primarily serving Northern and Baltic European markets. Comparable in plant-based and cereal-snack categories with overlapping Nordic/Baltic distribution footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

KG Group social profiles

Digital presence

KG Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

KG Group leadership team

Management profile

Number of profiles

KG Group subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

KG Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

KG Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about KG Group

What does KG Group do?

KG Group (AB Kauno Grūdai) manufactures and sells food and feed products through two main divisions. The Food Businesses segment produces flour and flour products, coating systems, instant porridges and pasta, granola, protein bars, plant-based products, and ready-to-eat soups, stews, grain dishes, and vegetables. The Non-Food Businesses segment handles raw material trading, veterinary pharmacy, compound animal feeds and premixes, pest control and hygiene products, and pet food. The company sells these products through a B2B self-service portal, B2C e-commerce (kgshop.eu), branded retail stores, and exports to 50+ countries via subsidiaries in Latvia and Poland.

Is KG Group a public or private company?

KG Group is a private company. It is classified as corporate owned and is currently operating.

When was KG Group founded?

KG Group was founded in 1895. It employs 1,001 to 5,000 people.

Where is KG Group based?

KG Group is headquartered in Kaunas, Lithuania, in the Europe region.

How does KG Group make money?

Four revenue lines are on record. Food Products Manufacturing and Sales are the primary driver. The others are non-Food Products, B2B Self-Service Portal and consumer E-commerce.

Who are KG Group's main competitors?

Broad incumbents on record are Orkla, Barilla Group, Cargill, General Mills and Nestlé. Direct peers are Sanitex, Linas Agro Group and Tartu Mill. Regional players are Hortex and Raisio.

Does KG Group have an API?

No public API is recorded for KG Group.

What industry is KG Group in?

KG Group's product category is Food and Feed Manufacturing. Its primary akta.pro industry code is AFAIABAG, Bakery & Confectionery Wholesale, with a secondary code of AFAKAJAG, Functional Snacks & Bars Manufacturing (High-Protein, High-Fiber, Probiotic Snacks). Its NAICS code is 3118 and its SIC code is 2000.

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Live signals
GlobeNewswireLinas Agro Group has completed the acquisition of KG GroupLinas Agro Group completed its acquisition of KG Group on July 15, 2021, taking controlling stakes in 34 companies across poultry, grain, and feed. The deal is financed by a syndicated loan from three banks and part of the company's resources. The combined group projects annual revenue of about €1.3 billion and EBITDA of €50-60 million.GlobeNewswireThe Competition Council of the Republic of Lithuania has allowed Linas Agro Group to implement concentration by acquiring KG GroupThe Competition Council of Lithuania approved Linas Agro Group's acquisition of KG Group, including three grain and poultry companies. The deal, planned for July, will add 34 companies across five countries, financed by a syndicated loan from three banks. The merger will create a vertically integrated food and agricultural group.GlobeNewswireAB Linas Agro Group receives a syndicated loan granted by three banks for the acquisition of KG GroupAB Linas Agro Group secured a syndicated loan from Luminor, Swedbank, and SEB to finance its acquisition of KG Group companies. The loan will cover 70% of the transaction value, with the remaining third from own funds. The Lithuanian Competition Council's decision is expected in July.GlobeNewswireFAS Russia has allowed Linas Agro Group to implement concentration by acquiring KG GroupFAS Russia approved Linas Agro Group's acquisition of KG Group's Russian companies on May 6. The deal involves controlling stakes in four Lithuanian grain and poultry firms, with permits already granted by Latvia, Estonia, and Poland. Lithuanian Competition Council approval is pending.GlobeNewswirePolish competition authority has allowed Linas Agro Group to implement concentration by acquiring KG GroupPoland's competition authority approved Linas Agro Group's acquisition of KG Group, with Latvian and Estonian approvals already granted. Lithuanian and Russian authorities' decisions are pending. The group operates in four countries with over 2,100 employees and €658 million revenue.GlobeNewswireEstonian Competition Council has allowed Linas Agro Group to implement concentration by acquiring KG GroupThe Estonian Competition Council approved Linas Agro Group's acquisition of KG Group, allowing the deal to proceed. Latvia's authority also approved it, but Lithuania, Russia, and Poland must still clear it. The group operates in four countries with over 2,100 employees and €658 million revenue.