Kauno Grūdai Acquires Shares of Auga Group's Grybai LT Productions Unit
Kauno Grūdai has acquired shares of Auga Group. Under the terms of the agreement, the buyer will acquire the shares of Auga Group’s soup and canned products production unit Grybai LT.
The acquired company, Grybai LT, operates a robotic factory covering an area of around 3,600 square meters (38,750 square feet). The main products include ready-to-eat organic soups, curries, cereal meals and organic vegetables in packets, around 70 product names. The annual production is 8-9 million packets of various products, which are exported to more than 30 countries. In 2022, Grybai LT's revenue totaled EUR 7.1 million.