Antanas Trumpa, Ledina Trumpiene, Dalius Trumpa, Rasa Trumpiene, RSU Holding SIA, Fonterra Co-operative Group Limited and Uab Pieno Pramon S Investicij Valdymas made an offer to acquire remaining 18.4% stake in Rokiskio Suris AB for €18.1 million.
November 12, 2017
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Antanas Trumpa, Ledina Trumpiene, Dalius Trumpa, Rasa Trumpiene, RSU Holding SIA, Fonterra Co-operative Group Limited (NZSE:FCG) and Uab Pieno Pramon S Investicij Valdymas made an offer to acquire remaining 18.4% stake in Rokiskio Suris AB (NSEL:RSU1L) for €18.1 million in cash on November 13, 2017. The offerors will acquire 6.6 million shares of Rokiskio Suris at €2.75 per share. The offer will be funded through use of own and borrowed funds from SEB Bankas AB. The offer period will be commencing from November 24, 2017 and will close on December 7, 2017. As on November 21, 2017, Central Bank of Lithium approved the tender offer. The deal was unanimously approved by the Board of Rokiskio Suris on November 27, 2017.
Rokiskio Suris AB is a Lithuania-based dairy producer. The Company focuses on the manufacture of fermented cheese and a range of milk products. Its operating segments include hard cheese, semi hard cheese, butter, milk, cream, sour cream, sour milk, yogurt, curds, curd cheese and other. Other operations of the Company include milk collecting activity. The cheese produced by the Company is divided into semi-hard and hard cheese. Besides the production of fermented cheese, the Company produces melted cheese, whey protein concentrate and milk powder, processed cheese, and smoked cheese. The Company operates domestically.
Antanas Trumpa, Ledina Trumpiene, Dalius Trumpa, Rasa Trumpiene, RSU Holding SIA, Fonterra Co-operative Group Limited and Uab Pieno Pramon S Investicij Valdymas made an offer to acquire remaining 18.4% stake in Rokiskio Suris AB for €18.1 million.
ROKISKIO SURIS AB 
