AB Linas Agro Group (now AB Akola Group) – Corporate Profile

Note: In 2023 the listed holding company AB Linas Agro Group rebranded to AB Akola Group. Many public sources, filings, and media still refer to the historical name “AB Linas Agro Group.” Where relevant, this profile indicates both names.

Company Overview

Legal name: AB Linas Agro Group (rebranded as AB Akola Group)
Type: Public company (listed on Nasdaq Vilnius; historical ticker: LNA1L; current ticker often cited as AKO1L after rebranding)
Founded: The group traces its origins to the early 1990s (grain trading started around 1991); the holding structure AB Linas Agro Group was formed later and listed in 2010.
Headquarters: Lithuania (registered office details are provided in Legal Information; see note on verification).
Industry sector: Agribusiness and food: grain and oilseed origination and trade; agricultural inputs; farming; feed; flour and milling; food production; poultry; logistics and storage.

Legal Information

Įmonės kodas (company code): Not confirmed here. Please verify in the Lithuanian Register of Legal Entities (Registrų centras) for “AB Akola Group” (formerly “AB Linas Agro Group”).
PVM mokėtojo kodas (VAT code): Not confirmed here. Please verify in VMI/Registrų centras records for the current legal name “AB Akola Group.”
Official website: https://www.akolagroup.lt (current) and historical investor/brand pages commonly at https://www.linasagrogroup.lt (may redirect after rebranding).
Email address: Not confirmed here from primary sources. Publicly used functional mailboxes historically included investor relations mailboxes (e.g., IR) published on the group’s website; please refer to the website’s “Contacts” section for up-to-date addresses.
Registered office address: The registered office has changed over time and should be validated in the Register of Legal Entities. Historically, group and subsidiary offices were in Panevėžys, Kaunas, Vilnius, and Akademija (Kėdainiai district). Exact current registered office details should be taken from Registrų centras for “AB Akola Group.”
Phone number (registered office): Not confirmed here. Please refer to official filings or the group website’s Contacts page.

Why not shown: The precise company and VAT codes, registered office line-by-line address, and phone numbers can change with reorganizations (including the 2023 rebranding). They are best taken directly from the latest extract of the Lithuanian Register of Legal Entities or the company’s audited annual report/contact page to avoid errors.

Business Operations

Main products and services:
- Grain and oilseed origination, storage, and international trade (wheat, barley, rapeseed, etc.).
- Agricultural inputs distribution (seeds, crop protection, fertilizers, machinery via group companies).
- Farming (crop farming across Lithuania and the Baltics).
- Feed manufacturing and premixes; animal nutrition solutions.
- Food production (flour and milling, pasta and cereal products, instant foods); following the acquisition of KG Group in 2021, the portfolio expanded in flour milling and branded foods.
- Poultry production and processing (notably via acquired units such as Vilniaus paukštynas and Kaišiadorių paukštynas).
- Logistics and infrastructure (grain elevators, warehouses; port logistics partnerships).

Business model: Vertically integrated agrifood value chain model spanning inputs-to-food. Upstream origination and farming supply midstream processing (feed, milling), which supports downstream branded food and poultry operations. The group monetizes commodity trading margins, processing spreads, brand premiums in food, and integrated logistics efficiencies.

Market position: After acquiring KG Group in 2021, the company became one of the largest agribusiness and food groups in the Baltic states by revenue, with leading positions in grain origination/trade, feed, milling, and poultry in Lithuania.

History

Early 1990s: Origins in grain trading in Lithuania following market liberalization.
2000s: Expansion into agricultural inputs, storage infrastructure, and regional grain export flows.
2010: Initial public offering (IPO) and listing on Nasdaq OMX Vilnius (then under “AB Linas Agro Group”).
2010s: Continued growth of origination and storage network; development of farming operations and cross-Baltic activities.
2021: Completion of the acquisition of KG Group (including AB Kauno Grūdai and major poultry processors), transforming the scale and integration depth of the group.
2022–2023: Integration of acquired businesses; rebranding of the holding company to AB Akola Group (public communications began referencing the new name in 2023).

Financial Information

Revenue and scale: Following the KG Group acquisition, consolidated revenues reached the multi-billion-euro level annually (order of magnitude: above EUR 2 billion per year in recent fiscal years, depending on commodity cycles). Precise, audited figures for each fiscal year are published in the company’s annual reports and on Nasdaq Baltic.

Profitability: Profitability varies with agricultural commodity cycles, energy prices, and integration effects. EBITDA and net profit improved notably around FY 2021/2022 during high commodity price volatility; refer to audited annual and interim reports for exact figures.

Funding and capital markets: The company raised capital through its 2010 IPO and has used bank financing and internal cash flows for expansion. The 2021 acquisition of KG Group was financed through a mix of debt facilities and internal resources; details are in transaction disclosures and annual reports.

Ownership structure: Public company listed on Nasdaq Vilnius; ownership consists of founding shareholders and institutional/retail investors. Up-to-date major shareholder disclosures are maintained on the Nasdaq Baltic issuer page and in the company’s governance reports.

Leadership and Management

Key executives (vadovai):
- Darius Zubas – long-time Board Chair (Valdybos pirmininkas) of the holding company (AB Linas Agro Group / AB Akola Group).
- Executive management – Over the years, executive roles have included CEO (General Director), CFO, and Deputy CEO positions; names and exact titles have changed in connection with integration and rebranding. Historically public sources list Mažvydas Šileika (finance/management leadership) and Andrius Pranckevičius (deputy CEO/vice-chair roles) among top management. Please consult the latest “Management/Corporate Governance” page of the group website for the current roster and titles.

Board of Directors (Valdyba): Composition has changed over time; it is disclosed in annual governance reports and on the Nasdaq Baltic issuer page for AB Akola Group. For accurate, current board member names and roles, please refer to the latest annual report or the company website.

Note: Because governance appointments may change, always rely on the most recent annual report and Nasdaq disclosures for the definitive list of executives and board members.

Office Locations

The group operates across Lithuania and the Baltics with multiple offices, production sites, elevators, and farms. Historically visible office and site clusters include:
- Panevėžys (notably for grain trading operations in the past)
- Kaunas and Vilnius (corporate, food operations, and poultry)
- Akademija (Kėdainiai district) via agricultural inputs subsidiaries
- Other Lithuanian regions hosting grain elevators, feed mills, food factories, and poultry complexes.

All office addresses with phone numbers (buveinių adresai): The precise, up-to-date list is not provided here due to frequent updates and the breadth of subsidiaries. The comprehensive directory is maintained on the group’s website “Contacts” section and in individual subsidiary pages (e.g., Linas Agro, Kauno Grūdai, Vilniaus paukštynas, Kaišiadorių paukštynas, Dotnuva Baltic). Please refer to those official sources for location-specific phone numbers.

Market Position

Competitors:
- International commodity traders active in the Baltics (e.g., ADM, Cargill) in grain/oilseeds.
- Regional agribusiness distributors (e.g., Scandagra) in agricultural inputs.
- Local/regional food processors and millers (e.g., Baltic Mill, Malsena) in flour/milling and cereal products.
- Poultry and meat producers in Lithuania and neighboring markets.

Market share: Not publicly standardized across all segments; the group reports leading or top-tier positions in Lithuania in grain origination/export, feed, milling, and poultry following the 2021 acquisition.

Competitive advantages:
- Vertically integrated value chain from inputs and farming to processing and branded food.
- Extensive origination network and storage infrastructure in Lithuania and the Baltics.
- Diversified portfolio (commodities, feed, milling, poultry, branded foods) that can mitigate cycle volatility.
- Established logistics capabilities and long-standing relationships with farmers and buyers.

Recent Developments

2021: Closed the acquisition of KG Group (AB Kauno Grūdai, Vilniaus paukštynas, Kaišiadorių paukštynas), significantly expanding scale and product portfolio.

2022–2023: Integration activities across feed, milling, and poultry; energy and supply-chain risk management during commodity market volatility; rebranding of the holding entity to AB Akola Group.

2023–2024: Continued operational integration, focus on efficiency, sustainability initiatives (responsible sourcing, energy efficiency), and selective capex into processing and infrastructure. For specifics on expansions and partnerships, please see the latest annual and interim reports and company press releases.

Contact Information

Registered office and phones: Please refer to the Lithuanian Register of Legal Entities extract for “AB Akola Group” for the authoritative registered address and phone number. The company’s website “Contacts” page provides central switchboard and location-specific telephone numbers.
Website: https://www.akolagroup.lt (main corporate site). Historical brand site: https://www.linasagrogroup.lt.
Email: The company provides contact forms and departmental email addresses (e.g., investor relations) on its website; use the “Contacts” section for the current email addresses.

Sources and References

- Company annual reports and consolidated financial statements: AB Linas Agro Group / AB Akola Group (see “Investors” section on akolagroup.lt or linasagrogroup.lt).
- Nasdaq Baltic issuer information: Nasdaq Vilnius listing page for AB Akola Group (formerly AB Linas Agro Group).
- Public press releases and news items published by the company (2021–2024) on acquisitions, integration, rebranding, and financial results.
- Lithuanian Register of Legal Entities (Registrų centras) for official legal data (įmonės kodas, PVM kodas, registered office).
- Subsidiary websites (e.g., Linas Agro, Kauno Grūdai, Vilniaus paukštynas, Kaišiadorių paukštynas, Dotnuva Baltic) for operational and contact details.

Important verification note: For Lithuanian companies, legal codes and contact particulars are definitive only when taken from current official registers or the company’s most recent published materials. Given the 2023 rebranding and past M&A, please verify codes, addresses, and leadership titles in the latest filings.