Akola Group AB (AKO1L)

AB Akola Group, through its subsidiaries, engages in the production, preparation, and sale of agricultural and food products in Lithuania, Scandinavian, rest of Europe, Africa, Asia, and CIS countries. The company operates through five segments: Grain, Oilseeds, and Feed; Products and Services for Farming; Agricultural Production; Food Products; and Other Products and Services. The Grain, Oilseeds, and Feed segment trades in wheat, rapeseed, barley, and other grains; oilseeds; suncake and sunmeal; and sugar beet pulp, soymeal, vegetable oils, rapecake, and other feedstuffs, as well as provides grain storage and logistics services. The Products and Services for Farming segment sells fertilizers, seeds, plant protection products, machinery and equipment, spare parts, and other equipment, as well as offers grain storage facilities to agricultural produce growers and grain storage companies. The Agricultural Production segment cultivates grains, rapeseed and others, as well as harvests, breeds, and sells livestock; and produces and sells milk. The Food Products segment is involved in poultry and other poultry final products, such as flour and instant food products, as well as produces and wholesale of breadcrumbs and breading mixes. The Other Products and Services segment trades in pest control and hygiene products, production and sales of extruded products, pet food, provision of veterinary pharmaceutical services, and provision of fumigation and sanitation services. The company also sells, breeds, and raises chicken; beef cattle; and biofuel and other products and services. It also rents and manages agricultural purposes land; and provides expedition and ship’s agency, and management services. The company was formerly known as AB Linas Agro Group and changed its name to AB Akola Group in December 2023. AB Akola Group was founded in 1991 and is based in Vilnius, Lithuania. AB Akola Group is a subsidiary of Akola ApS.