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ELKO Group acquires Deltaco Baltic
We advised Aurdel Sweden, part of the DistIT Group, on the sale of 100% of the shares in Deltaco Baltic to ELKO Group. The sale price amounts to EUR 3 million, and the transaction is subject to customary regulatory approvals. As part of the deal, a Distribution Agreement was signed between Aurdel Sweden AB and […]
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Etapay Investicija acquires e-money institution Verse Payments Lithuania
We advised DECENTRALIZED GLOBAL PAYMENTS, S.L., a part of Block Inc. group, in the sale of its subsidiary holding an e-money institution license, Verse Payments Lithuania, UAB. This transaction marks a significant step in the fintech sector and opens new opportunities in the financial services market. It is expected, that the new owners will continue […]
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Rheinmetall, EPSO-G Invest and Giraitės ginkluotės gamykla enter into strategic partnership
We advised Giraitės ginkluotės gamykla, the largest military and civilian ammunition manufacturer in the Baltics, on entering into partnership with the German defence technology company Rheinmetall, the Lithuanian energy transmission and exchange group EPSO, and the state-owned company Valstybės investicinis kapitalas (State Investment Capital). A shareholders’ agreement was concluded to regulate the acquisition of shares […]
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InMedica Group acquires a rehabilitation clinic in Druskininkai
We advised the shareholders of Druskininkai Pušynas clinic on the sale of 100% of their shares to InMedica Group, the largest private medical services group in Lithuania. Druskininkai Pušynas clinic provides a wide range of healthcare services and employs a team of 34 doctors and rehabilitation specialists. The clinic specializes in dermatology, cardiology, gynecology, neurology, […]
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Viatris implements structural changes in the Baltics
We were happy about the opportunity to assist Viatris, a global healthcare company, in the implementation of structural changes to its business in the Baltics. Structural changes to Viatris companies in Latvia involved share capital reduction, dividend payments and simplification of the group structure through mergers. The project also involved name changes for some of […]