# AB Akola Group Takes Controlling 51% Stake in OMG Bubble Tea

- URL: https://stocks.freetheai.org/news/ab-akola-group-takes-controlling-51-stake-in-omg-bubble-tea-28bf42
- Published: 2026-10-19T06:40:00Z
- Category: mergers; sentiment: bullish; impact: medium
- Symbols: [OMXVSE:AKO1L](https://stocks.freetheai.org/symbols/OMXVSE-AKO1L)
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Baltic food and agribusiness company AB Akola Group (OMXVSE:AKO1L) has expanded its presence in the beverage sector by acquiring a 51% controlling stake in UAB OMG Bubble Tea. The group had previously held a minority position in the Lithuanian producer since 2024. The financial terms of the deal were not disclosed by agreement between both parties.

The deal allows AB Akola Group to take a lead role in driving company strategy, taking three of the five seats on OMG Bubble Tea's board while the founders remain in management. OMG Bubble Tea, established in 2022, reported EUR 9.5 million in sales revenue for fiscal year 2025 and exports about 97% of its production across Europe, including Germany, France, and the United Kingdom.

Looking ahead, market participants will monitor how AB Akola Group leverages its capital, financial oversight, and manufacturing expertise to expand OMG Bubble Tea's international distribution. Attention will also center on the commercial growth of its new line of functional carbonated beverages, which recently launched exports into Greece and Italy.

## Key points

- AB Akola Group acquired a 51% controlling stake in UAB OMG Bubble Tea for an undisclosed amount, building on a minority investment made in 2024.
- OMG Bubble Tea generated EUR 9.5 million in sales revenue in fiscal year 2025 and exports roughly 97% of its products across European markets.
- AB Akola Group will secure three of five board seats, while the founders of OMG Bubble Tea continue to participate in company management.
- The acquired company operates a manufacturing facility in Panevėžys with 51 employees and recently launched a line of functional carbonated drinks.

## Questions and answers

### How much of OMG Bubble Tea does AB Akola Group own now?

AB Akola Group now holds a 51% controlling stake in UAB OMG Bubble Tea after increasing its investment from a minority position originally acquired in 2024.

### What are the financial details of the OMG Bubble Tea acquisition?

The transaction value has not been disclosed by mutual agreement between AB Akola Group and UAB OMG Bubble Tea.

### Where does OMG Bubble Tea export its products?

OMG Bubble Tea exports roughly 97% of its production to European countries, including France, Germany, the United Kingdom, Austria, Greece, and Italy.