ESTONIA; LITHUANIA —Estonian investment group Infortar, operating through its subsidiary Infortar Agro, has signed an agreement to acquire 100 percent of the shares in Lithuanian agricultural enterprise Litagra UAB. The buyout transfers full ownership from Litagra founder Gintaras Kateiva, investment management firm Invalda INVL, and shareholder Adomas Grigaitis. Completion remains subject to regulatory approvals and standard closing conditions.
Litagra UAB is a prominent Lithuanian agribusiness founded in 1991, operating across crop cultivation, dairy farming, poultry, and compound feed production. Invalda INVL is a Baltic asset management group overseeing EUR 2.3 billion in assets across private equity, real estate, and agricultural sectors. Infortar is a publicly traded Estonian investment group with major holdings in maritime transport, energy, real estate, and regional farming operations.
The buyout significantly alters the competitive landscape of Baltic agriculture by creating the largest primary milk producer in the region. Upon final integration, Infortar Agro’s combined holdings will manage approximately 16,600 animals, harvest 23,000 hectares of arable land, and generate an annual milk output of 93,000 tonnes. The acquisition also introduces commercial turkey and broiler farming to Infortar's operational portfolio.
This strategic transaction underscores a broader consolidation trend within Northern European food production, driven by scaling requirements and supply chain security. By integrating Litagra’s 10,500 hectares of land, eight dairy farms, and compound feed production capacity, Infortar gains vertical operational synergies while expanding its geographical presence from Estonia into Lithuania’s agricultural market.
For institutional investors and agricultural stakeholders, the deal highlights rising asset valuations for high-yield European dairy and livestock assets. The exit allows previous shareholders to reallocate capital into new private equity vehicles, while signaling continued cross-border corporate investments across Baltic primary production sectors.
