“We see that the market segment of animal feed premixes manufacturing is developing in Belarus. It means we can share our experience we gained in Lithuania and other countries by manufacturing premixes, feeds, retailing veterinary pharmacy,” Barstys was quoted as saying in a press release.
KG Group will invest in the animal feed, veterinary pharmacy, crop protection and seeds trading company KLM and the protein and mineral supplements producer Belfidagro.
The two Belarusian companies have combined annual revenue of 50 mln euros and employ around 100 people in total.
The group currently owns 20 companies in Lithuania and other countries.