-+ 0.00%
-+ 0.00%
-+ 0.00%
Akola Group Secures Majority Stake in Lithuania's OMG Bubble Tea
Share
Listen to the news
04:00 AM EDT, 10/19/2026 (MT Newswires) -- Akola Group (AKO1L.VS) increased its interest in Lithuanian natural bubble tea producer OMG Bubble Tea to 51% for an undisclosed sum. The Lithuanian agricultural and food production group previously acquired a minority stake in the company in 2024, according to a Monday release. UAB OMG Bubble Tea reported sales revenue of 9.5 million euros in 2025. The transaction follows AB Akola Group's strategy of investing in high-potential growth companies.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending