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IK Partners sells Carspect Group to TÜV SÜD
We represented IK Partners in the sale of Carspect Group to TÜV SÜD. The financial terms of the transaction have not been disclosed. Headquartered in Bromma, Sweden, Carspect Group is a leading provider of vehicle inspection services in Sweden, Estonia and Latvia. It carries out a range of vehicle services, including control, follow-up and registration […]
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Gjensidige sells its business in the Baltics
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
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Silmäasema acquires 25-year-old Estonian chain of optical stores
We advised the Finnish company Silmäasema Optiikka Oy on acquiring Eagle Vision, an Estonian chain of optical stores. Eagle Vision has been operating for nearly 25 years and owns six stores across Estonia that will continue under the Eagle Vision brand. In 2023, Eagle Vision had a turnover of approximately EUR 2.8 million. Eagle Vision […]
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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 […]
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Straumann Group acquires Med Grupė’s businesses in the Baltics
We advised Straumann Group, a global leader in tooth replacement and orthodontic solutions, on acquiring Med Grupė, a distributor of dental products in the Baltic states. Following the completion of the transaction, Straumann will have its first subsidiaries in Estonia, Latvia and Lithuania, allowing the group to expand its business in this region further. Straumann […]