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Apollo Group acquires Lithuanian catering firms

PRIVATEAug 19, 2026about 4 hours ago

Acquiring Company

Apollo Group OÜ

Acquired Company

RESTORANI DVYLIKA UAB

EstoniaVilniusHospitalityHotelFood and BeverageEventsHospitalityEvent Management

Description

Apollo Group OÜ has successfully acquired 100% of shares in the Lithuanian catering companies RESTORANI DVYLIKA UAB and CCF KAVINĖS UAB. This strategic acquisition is aimed at enhancing Apollo Group's portfolio in the catering sector. A stock exchange announcement has been released confirming the deal.

Company Information

Company

Apollo Group OÜ

Location

Estonia

About

Apollo Group OÜ is a leading company involved in various sectors including catering and hospitality. With a focus on providing quality services, they have expanded their operations throughout the region. The company aims to enhance its market presence through strategic acquisitions.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired RESTORANI DVYLIKA UAB?

RESTORANI DVYLIKA UAB was acquired by Apollo Group OÜ, based in Estonia. The deal was reported on August 19, 2026. Apollo Group OÜ is a leading company involved in various sectors including catering and hospitality. With a focus on providing quality services, they have expanded their operations throughout the region. Apollo Group OÜ is privately held and operates in Hospitality.

When did Apollo Group OÜ acquire RESTORANI DVYLIKA UAB?

Apollo Group OÜ's acquisition of RESTORANI DVYLIKA UAB was reported on August 19, 2026. Apollo Group OÜ has successfully acquired 100% of shares in the Lithuanian catering companies RESTORANI DVYLIKA UAB and CCF KAVINĖS UAB. This strategic acquisition is aimed at enhancing Apollo Group's portfolio in the catering sector. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does RESTORANI DVYLIKA UAB do?

RESTORANI DVYLIKA UAB is a prominent catering company in Lithuania known for its diverse culinary offerings. The company serves a variety of customers, including private events and corporate functions. It is privately held, operating in Food and Beverage, and is based in Vilnius.

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