NEWS FEED & ADDITIVE MAGAZINE September 2022 75 AB Linas Agro Group sells two Russian companies acquired 13 months ago as a part of KG Group - OOO VitOMEK (Moscow) and OOO VitOMEK (Tver), also IOOO Belfidagro, registered in Belarus. The contracts for the sale of these companies were signed on 25 July. The buyers are companies registered in the Russian Federation, but by agreement of the parties, they are not disclosed. The transactions, totaling EUR 7.5 million, are expected to be completed by the end of the calendar year. The companies on sale are engaged in the production and wholesale of premixes and in the wholesale of feed and raw materials for feed production. At the end of July, they employed 240 people. The sale of Belfidagro is subject to the approval of the Belarusian competition authority MART (Ministry of Antitrust Regulation and Trade), so the parties signed a preliminary share purchase agreement, which stipulates that the buyer must obtain clearance from the competition authority. More than a year ago, with the acquisition of KG Group, AB Linas Agro Group became the owner of five companies in Russia and Belarus. One of the acquired companies, OOO GeoMiks, was deregistered as early as 2021 by merging with OOO VitOMEK. The remaining companies were prepared for sale, and the search for potential buyers started at the end of 2021. AB Linas Agro Group sells subsidiaries in Russia and Belarus AB Linas Agro Group, owns of five companies in Russia and Belarus with the acquisition KG Group a year ago, has announced the sale of two companies engaged in the production and wholesale of premixes and feeds. VICTAM Asia in co-location with Health & Nutrition Asia are ready to kick-off from September 7-9, 2022, at the IMPACT Halls 9 and 10, in Bangkok, Thailand. The organizers announced everything is set for an unmissable 3-day B2B event full of networking activities, business opportunities and a rich content program. More than 400 exhibitors will be showcasing their latest solution in animal health, feed ingredients and additives, genetics, and feed technology. This unique event will introduce its visitors to many innovations developed in the last years and now finally gathered under one roof, after a long pause. New feed probiotics, infrared spectrometers, new diet elements to improve animal’s absorption of energy from fats and oils, innovative pig genetic programs, heavy cleaning solutions for drinking systems, milk replacers and sesame meals, and many other new products to help you optimize your animals’ health and feed conversion, will be showcased onsite where experts are ready to guide you through the best solutions for your own business development. Next to the exhibition halls, a very professional line-up of speakers presented by the show organizers and their industry partners, will disclose important information about hot topics in the sector. VICTAM Asia and Health & Nutrition Asia to start 7 September in Thailand
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