Estonian Raw Milk Producer to Buy Latvia's Largest Dairy Plant

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Estonian agricultural giant Agrone is entering the Latvian dairy market and wants to acquire a company whose most famous products include the famous Kārumsi cheeses. The deal still needs approval from the Estonian and Latvian competition authorities.

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Falber Investments OÜ, the parent company of Agrone, the largest agricultural group in Estonia and the largest independent raw milk producer in the region, has signed an agreement to acquire the largest dairy processing company in Latvia, AS Rīgas piena kombināts Group.