From Dealroom · · 50s
Akola Group Acquires 51% Stake in Lithuanian Bubble Tea Brand
Akola Group takes control of Lithuania's bubble tea startup with 51% stake.
In brief
Akola Group takes control of Lithuania's bubble tea startup with 51% stake. Akola Group acquired 51% control of OMG Bubble Tea, a Kaunas-based drinks startup, expanding into beverages after initial 2024 investments. Originally reported by Dealroom.
Acquisition Details
Akola Group has acquired a 51% stake in UAB OMG Bubble Tea, giving the Lithuanian agribusiness group control of the Kaunas-based drinks startup.
Investment Timeline
OMG Bubble Tea, founded in 2022, raised about €1.9 million to date with Akola's initial €1.9 million commitment in 2024 and additional €2.15 million in April 2025.
Strategic Shift
The move extends Akola's push beyond agribusiness into beverages, following a €600,000 investment in functional-drinks maker Brite in November 2025.
The headline
Akola Group acquired 51% control of OMG Bubble Tea, a Kaunas-based drinks startup, expanding into beverages after initial 2024 investments.
