top of page

The latest news, trends, analysis, interviews and podcasts from the global food and beverage industry

FoodBev Media Logo
Access more as a FoodBev subscriber

Sign up to FoodBev and unlock more insights from the international food and beverage industry. Subscribers have access to webinars, newsletters, publications and more...

Vilvi Group acquires remaining 30% stake in Baltic Dairy Board
FoodBev Media

FoodBev Media

17 April 2023

Vilvi Group acquires remaining 30% stake in Baltic Dairy Board

Vilkyškių Pieninė, the parent company of Lithuanian dairy business Vilvi Group, has acquired the remaining 30% of the shares of Baltic Dairy Board.

Vilkyškių Pieninė, which purchased a 70% stake in the Latvian company in 2021, now owns a 100% share. Founded in 2008, Baltic Dairy Board produces skimmed milk, milk protein concentrate and pasteurised cream, among other things. Last year, the company's revenue was €15.4 million. By taking full control of Baltic Dairy Board, Vilkyškių Pieninė said that it aims to continue to strengthen the range of value-added dairy ingredients Vilvi Group offers. Terms of the deal were not disclosed.

Related posts
bottom of page