Estonian agricultural group Agrone, owned by Falber Investments OÜ, has reached an agreement to purchase Latvia’s largest dairy processing company, AS Rīgas piena kombināts (RPK). This acquisition unites the region’s largest independent raw milk producer with its biggest dairy processor. The deal is expected to create a significant new force in the Baltic dairy market. Financial details of the transaction were not disclosed. The combined entity will likely benefit from synergies in production and distribution across both countries. This move signals a consolidation trend within the Baltic dairy industry, potentially impacting competition and market dynamics. The acquisition awaits final regulatory approvals before completion.