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TGS Baltic Assists Benu Aptieka Latvija SIA on Acquisition of SIA Cesu Vecpilsetas Aptieka

TGS Baltic Assists Benu Aptieka Latvija SIA on Acquisition of SIA Cesu Vecpilsetas Aptieka

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TGS Baltic has assisted Benu Aptieka Latvija SIA, a chain of medicine retailers in the Baltics, on its acquisition of 100% shares SIA Cesu Vecpilsatas Aptieka, a pharmacy in Cesis, Latvia -- in the process expanding Benu's network to more than 66 pharmacies in Latvia.

According to TGS Baltic, "Benu Aptieka Latvija SIA is one of the leading retail of medicines chains in Latvia that unifies more than 66 pharmacies and that during the financial year 2016 had EUR 41.9 million turnover and 392 employees. For convenience of customers Benu pharmacies are located in all major shopping malls in Latvia – both in Riga, the capital, and also in the regions."

The firm's team was led by Partner Andra Rubene and Associate Rudolfs Vilsons.