Assisted Linas Agro Group in drafting the merger filing and obtaining the merger clearance
We are delighted with the success of our client Linas Agro Group. Ellex in Lithuania Competition practice assisted Linas Agro Group in drafting the merger filing and obtaining the merger clearance.
According to partner Marius Juonys, “I would guess that in terms of the scope of analysis and investigation, this was probably the largest concentration in Lithuanian history which required the most effort from all the parties involved. The Competition Council carried out an in-depth analysis of numerous markets and their segments, in some cases a very granular level. No wonder that the process itself has not been a usual routine.
Therefore, the partners says, “while extending thanks to my colleagues from the Ellex competition practice, I would also like to sincerely thank our “competitors” from Motieka & Audzevičius and Cobalt, with whom we worked together as a single team. I truly appreciate the confidence and trust our client Linas Agro Group placed in us. And I should also mention colleagues from the Competition Council. I know and understand very well that they have had to deal with a number of complex merger control cases, in parallel with our case, over the past six months. I know that people in the institution worked overtime, so I would like to sincerely thank them for managing to control a difficult complex process and for their hard and dedicated work.