Saudi Arabian trading giant intending to invest in Lithuania won the auction for Estonia’s “E-Piim” factories

Saudi Arabian trading giant intending to invest in Lithuania won the auction for Estonia's "E-Piim" factories

„BinDawood Holding“ announced via the Saudi Arabian stock exchange that through its subsidiary „Juust & Jubn“ it won the bid to acquire the assets of the Estonian „E-Piim Tootmine“ dairy products factory.

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„The completion of the potential transaction depends on the fulfillment of the applicable auction conditions and obtaining approvals from regulatory authorities,“ the company states.

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