On 30 October 2026, the Latvian competition authority approved SIA Bono Coffee’s acquisition of decisive influence over SIA Kafijas Pasaule.

Bono Coffee was established to carry out the transaction and has not previously conducted business. Its affiliated companies mainly operate in forestry and timber products, including forest ownership and management, logging, and the wholesale and export of timber and related products.

Kafijas Pasaule provides automated retail services throughout Latvia, selling hot and cold drinks, snacks, and other food products through self-service vending machines. It also rents, maintains, and repairs coffee machines and sells coffee and coffee machines.

The authority found that the parties are not active in the same relevant market or in vertically related markets. Based on the information provided and its analysis, it concluded that the transaction would not significantly change market structure, reduce competition, or create or strengthen a dominant position in any market in which the parties operate. It therefore cleared the transaction without remedies.