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Primus Derling Advises GrECo on Acquisition of Stake in Lithuanian Insurance Broker

Primus Derling Advises GrECo on Acquisition of Stake in Lithuanian Insurance Broker

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Primus Derling has advised GrECo International Holding AG on the acquisition of an 80% stake in Uzdaroji Akcine Draudimo Brokeriu Bendrove Sagaut, an insurance and reinsurance brokerage company operating in Lithuania. SPC Legal reportedly advised Sagaut on the deal.

GrECo International Holding is a family-owned international company operating in the insurance markets of Middle, East, and South East Europe and providing insurance agency and brokerage services for a range of insurance types, a member of Austrian-based GrECo group. 

The Primus Derling team included Partner Giedre Dailidenaite, and Senior Associates Greta Bagdanaviciute and Sarune Prankonyte-Segen.  

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