Latest News

Lithuanian dairy firm Vilvi Group buys Latvia's SIA Baltic Dairy Board 15 Apr 2021

Lithuania-based dairy firm Vilvi Group has acquired a 70% stake in a Latvian ingredients business for an undisclosed sum.

Latvia's Food Union opens new curd snacks plant 6 Oct 2020

Latvian dairy firm Food Union has invested in a new plant producing the company's Karums brand of curd snacks.

Ukraine's Ovostar to build egg facility in Latvia 15 May 2020

Gallusman, owned by Ukraine's Ovostar Union Group, has entered a partnership to build an environmentally-friendly egg production facility in Latvia.

Low-cal chocolate firm Chocolette Confectionary eyes US, Asia-Pacific 14 Sep 2018

Swiss-owned, Latvia-based SIA Chocolette Confectionary is weighing up possibles moves into the US and Asia Pacific after making the UK its latest new major market.

Orkla to build new biscuit factory in Latvia as consolidation drive continues 11 Jun 2018

Norwegian food group Orkla is consolidating its biscuit operations into a yet-to-be built plant in Latvia that will see its two existing sites close down.

Food Union eyes China after EUR214m capital injection  9 Feb 2017

Food Union Group, a group of dairy and ice cream companies operating in northern Europe and Latvia, has received investment from PAG, one of Asia's largest private-equity firms, and US fund Meridian Capital in order to facilitate growth in China. 

Arla, Valio deny interest in Latvia's Jelgava 30 Jul 2015

European dairy companies Arla Foods and Valio have both moved to quell rumours they are interested in acquiring a controlling stake in Latvia's Jelgava Dairy Company.

Premia Foods flogs ice cream, frozen foods business to Latvia's Food Union 7 Oct 2014

Latvian dairy firm Food Union has acquired Premia Foods' ice cream and frozen food businesses in a EUR27.1m (US$34.1m) deal.

NORWAY/LATVIA: Orkla eyes Baltic boost with NP Foods buy 26 Aug 2014

Norway's Orkla has said it is hoping to boost its presence in the Baltic states with the acquisition of Latvia-based food manufacturer NP Foods Group.

LATVIA: Maxima: Too early to assign blame on store collapse 28 Nov 2013

Maxima Grupe has told just-food it is too early to assign blame for the collapse of its supermarket in Latvia last week, which left 54 people dead.