Competition regulators allow 'Smiltenes piens' to acquire 'Cesvaines piens'
The Latvian competition authority has permitted Smiltenes piens to acquire a majority stake in Cesvaines piens to enhance competitiveness in Baltic and European markets.
Important in Latvian Business This Week: Sale of 'Cesvaines Piens' and 225 Million Euro Financing for Enterprises
The Latvian dairy processing company AS 'Smiltenes Piens' has acquired AS 'Cesvaines Piens' amidst a backdrop of increasing competition and the need for industry consolidation.
The company "Smiltenes piens" purchases "Cesvaines piens"
AS "Smiltenes piens" has acquired a majority stake in AS "Cesvaines piens" to boost its competitiveness in the Baltic and European markets.