CEE Legal Matters
In-depth coverage of the news and newsmakers that shape Europe's emerging markets
Sorainen, working with Horten, has advised Danish fish product producer A. Espersen and its Lithuanian subsidiary Espersen Lietuva on the sale of a fish processing plant located in the Klaipeda Free Economic Zone to Atlas Premium Lietuva. Cobalt advised Atlas Premium.
Cobalt, working alongside Holland & Knight, has advised Redwire Corporation on its USD 925 million acquisition of Edge Autonomy Intermediate Holdings LLC and its subsidiaries. Richards, Layton & Finger reportedly advised the special committee of the Board of Directors of Redwire. Kirkland & Ellis reportedly advised Edge Autonomy.
Cobalt has advised RINA on the acquisition of the Foreship Group from Vaaka Partners and other shareholders.
Cobalt has advised Eolus on the sale of its greenfield Pienava wind power project to Latvenergo.
Cobalt has promoted former Managing Associate Rauno Ligi to Partner.
Walless has advised Estonian investment company Millerhawk on its acquisition of a portfolio of four retail properties in Estonia from Swedish investor Sobra Arikeskus. Cobalt advised Sobra Arikeskus.
Cobalt has advised Luminor Bank as the sole lead manager on Altum's issuance of five-year bonds in the amount of EUR 70 million.
Cobalt has advised Combiwood Grupp on its acquisition of Toftan from its existing shareholders Mattsbo Sag, Wigert Invest, Lars Lindgren Invest, Marnefeldt Invest, Investyno, Martin Arula, Jaanus Lehes, and Merli Randoja. Eversheds Sutherland and Vinge reportedly advised the sellers.
Cobalt has advised Hansab Group on its acquisition of a majority stake in Finnish smart lighting company C2 SmartLight.
CEE Legal Matters is proud to introduce the latest in our Comparative Guides series. This one focuses on Bribery & Corruption in CEE.
Contributed by Cobalt.
Cobalt has advised Creditreform Latvija on a multi-stage reorganization.
In The Corner Office, we ask Managing Partners at law firms across Central and Eastern Europe about their backgrounds, strategies, and responsibilities. With 2024 behind us, we asked: Looking at transactional volumes for this year, would you say that 2024 was better or worse than what you originally expected it to be, and why?
The private healthcare sector across CEE has been expanding at a remarkable pace, reshaping the way people access and experience medical care.
Cobalt has successfully represented Swedish truck manufacturer Volvo Truck Corporation in a dispute initiated by Balta against Latvian truck conversion specialist Unitruck.
Cobalt has advised Stargate Hydrogen on its EUR 11 million series A funding round that saw the participation of Giga and UG Investments as well as SmartCap Green Fund. Ellex advised SmartCap.
Cobalt has advised European Energy on EUR 68 million financing to construct a 148 megawatt-peak solar farm in Latvia. Sorainen, Watson Farley & Williams, and Moalem Weitemeyer reportedly advised the lenders.
Cobalt has advised Coffee Address Holding on raising EUR 5 million in a private bond placement, to support its growth strategy, with Signet Bank as the arranger.
COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.
The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.
Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.
COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony.
More information on COBALT can be found at www.cobalt.legal.