The council announced that it has allowed the closed-end private equity fund for informed investors, “INVL Private Equity Fund II,” to acquire 50.07% of the shares of “Nordian group” and sole control, and through it – control of the fish processing companies “Gonas” and “Baltijos delikatesai,” as well as directly – 89.89% of the shares and control of the Lithuanian and Norwegian fish processing company “Norvelita” and 90% of the shares and control of the similar company “Saldoga.”
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“Due to the planned concentration, no dominant position will be created or strengthened, nor will competition be significantly restricted in the relevant markets,” the council states.
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