Infortar Agro agrees to buy Lithuanian agricultural group Litagra

Infortar Agro, a subsidiary of Estonian investment company Infortar, has agreed to acquire the Lithuanian agricultural group UAB Litagra, ERR reported. The agreement covers 100 percent of Litagra’s shares and was signed on Monday.

Litagra, which began operating in 1991, is involved in dairy and crop production, poultry farming, feed production and other agricultural activities.

The Litagra group includes UAB Joniškio Grūdai, UAB Litagros Žemės Ūkio Centras and Agrohold Estonia OÜ, all wholly owned by UAB Litagra. The group consists of 34 companies in addition to its parent company.

The acquisition would expand Infortar’s agricultural operations into Lithuania and complement its existing investments in Estonia. Once completed, the farms owned by Infortar would have a total of 16,600 animals, annual milk production of 93,000 tonnes and 23,000 hectares of cultivated land. Turkey and broiler farming would also be added to the group’s operations.

“Estonia and Lithuania have always been agricultural countries. The latitude and climate here favour milk production, our cows produce more milk than anywhere else in Europe, and we have the most modern farms. Milk is our main natural resource, and increasing production could make it an important export product and secure our place in international competition,” Infortar board chairman Ain Hanschmidt said.

Infortar CEO Martti Talgre said the company had operated in Lithuania for eight years, experienced an investor-friendly environment and shared in the country’s economic growth.

“Agriculture is highly valued in Lithuania and performance and productivity are good. That is why we decided to make one of Estonia’s largest foreign investments in Lithuanian agriculture and invest in a well-functioning company with a long history,” Talgre said.

Invalda INVL, which has been a Litagra shareholder since 2011, said the transaction confirmed the value created at the company and marked the end of a successful investment cycle.

“Fifteen years ago, we invested in Litagra with the aim of developing a competitive company focused on higher-value and more profitable areas of the food and agricultural sectors. Over the years, we consistently invested in dairy and poultry farming, expanded into new business areas and exited activities that no longer fit our strategy,” Invalda INVL CEO Darius Šulnis said.

Litagra’s current management will continue to run the company’s day-to-day operations. Infortar does not plan any significant changes to the company’s existing activities as a result of the transaction.

The deal requires permits and approvals from government authorities, as well as the fulfilment of other conditions.

Litagra employs approximately 400 people. At the end of last year, the group’s consolidated revenue stood at 69 million euros and EBITDA at 14.5 million euros. The group cultivates a total of 10,500 hectares of land.

Litagra subsidiary UAB Sūduvos Ūkis, which is wholly owned by UAB Joniškio Grūdai, is the largest turkey farming company in the Baltic states. It operates six production units with 29 modern farms and a total of 160,000 turkeys.

The group also farms broilers, with capacity for approximately 360,000 birds per production cycle. Its poultry operations are supported by UAB Joniškio Grūdai, which produced 69,000 tonnes of complete feed and related products in 2025, including protein, vitamin and mineral supplements, premixes, lure feed and pet food.