We are advising Lantmännen, a Swedish agricultural cooperative, on the acquisition of Leipurin and its operations in Sweden, Finland, Estonia, Latvia and Lithuania.
Lantmännen is owned by 17,000 Swedish farmers and has 12,000 employees in over 20 countries. While already Northern Europe’s leader in agriculture, machinery, bioenergy and food products, this acquisition will further strengthen Lantmännen’s position in the food ingredients sector.
Leipurin, currently owned by Aspo, is a leading supplier of ingredients to bakeries and the wider food industry. In 2024, it generated annual net sales totalling EUR 133.1 million.
Closing the transaction remains subject to regulatory approvals and is expected to be completed in the first quarter of 2026.
Our services and team
We are advising the client throughout the whole process as local counsels together with the Finnish law firm Castrén & Snellman, which is acting as the lead counsel. We carried out the legal due diligence and are assisting in ad hoc matters related to transaction documents.
Our pan-Baltic team is led by partner Piret Jesse and counsel Robin Teever. They are supported by counsels Andis Burkevics, Pirkko-Liis Harkmaa and Renāte Purvinska; senior associates Vladislav Leiri, Ana Borovko, Roberts Prūsis and Michailas Molis; and associates Karl Oskar Pungas, Barbora Bernatonytė, Elizabete Madara Titova and Nojus Jašmontas.
