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TGS Baltic Advises HAVI Global Logistics with Buy-Out of Minority Shareholder of HAVI Logistics SIA

TGS Baltic Advises HAVI Global Logistics with Buy-Out of Minority Shareholder of HAVI Logistics SIA

Latvia
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TGS Baltic has assisted HAVI Global Logistics GmbH with the buy-out of the minority shareholder of HAVI Logistics SIA.

TGS Baltic describes HAVI Global Logistics, which as founded in 1974 and employs over 10,000 people, as "a global, privately owned company focused on innovating, optimizing and managing the supply chains of leading brands," and reports that, "offering services in supply chain management, packaging, logistics and recycling & waste, HAVI partners with companies to address challenges big and small across the supply chain, from commodity to customer."

According to TGS Baltic, "HAVI Logistics SIA is Havi logistics centre in Latvia that during the financial year 2016 had EUR 17 million turnover and 667 employees."

TGS Baltic assisted with reviewing and drafting the SPA, updating the shareholder register, and organizing and ensuring the registration of the transfer of title to the shares of SIA Havi Logistics from the minority shareholder to the majority shareholder Havi Global Logistics GmbH. The firm's team consisted of Partner Andra Rubene and Associate Reinis Grunte.

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