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Tauras Films acquires exclusive rights to adapt book The Little Prince
We advised Tauras Films, a Lithuanian film production company, on acquiring the rights to create a virtual reality film adaptation of the world-famous book The Little Prince. The adaptation is planned for the international market and will have its world premiere in 2026. A step into the international film industry “This is the first time […]
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Largest investment in the Lithuanian startup ecosystem this year: Ovoko attracts EUR 20 million investment
We advised Smash Capital, a US venture capital fund manager, on investing in Ovoko, a Lithuanian startup operating online marketplaces for used car parts. Smash Capital acted as lead investor in the Series B round, which was worth EUR 20 million in total. This is the largest investment in the Lithuanian startup ecosystem this year. […]
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Saferoad’s acquisition of GATAS will accelerate the development of the Lithuanian transport infrastructure sector
We advised a road safety supplier Saferoad on signing an agreement to acquire UAB GATAS. With this deal, Saferoad and GATAS will form a joint service business, strengthening road safety in Scandinavia, Lithuania, Poland, and the wider EEA area based on the combined know-how of both sides. Saferoad, headquartered in Oslo, Norway, operates in 13 […]
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Klett Group company acquires textbook publishing house Baltų lankų vadovėliai
We advised a German company Klett Lernen und Information, part of the Klett Group, on acquiring full control (100% shares) of Baltų lankų vadovėliai, one of the best-known brands in the Lithuanian textbook publishing market. The first investment of Klett and entering the Lithuanian market was made in April 2023 by acquiring 40% shares of […]
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Bitė Group splits up its telecommunications and media businesses
We advised Bitė Lietuva on splitting up its telecommunications and media businesses. From now on, they will each be managed by different holdings. Bitė Group will merge its telecommunications businesses in Lithuania and Latvia, while All Media Group will merge its media businesses in the Baltic countries, including TV3 television, the streaming platform station Go3 […]