We advised Nõo Lihatööstus on repurchase of 29% holding

16.07.2021 We advised Nõo Lihatööstus on repurchase of 29% holding

TGS Baltic’s partners Leonid Tolstov, Kadri Kallas, Helmut Pikmets and associate Maris Vutt advised Nõo Lihatööstus – Estonia’s largest enterprise operated with local capital – on the repurchase of a 29% holding from a competitor with whom they have been engaged in several disputes over the years.

Nõo Lihatööstus bought out Maag Group’s minority holding, thereby proportionally increasing the holdings of other current owners in the business. By mutual agreement, all earlier disputes and court cases between the shareholders will be terminated.

Media coverage in Estonian:

Postimees: Nõo Lihatööstus ostis osaniku firmast välja ja loobub kohtuskäimisest

Ärileht: Äritüli sai õnneliku lõpu: Nõo Lihatööstus ostis välja Maag Grupi vähemusosaluse