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Cobalt and Allen & Overy Advise on Establishment of Drivitty/Eurowag Strategic Partnership

Cobalt and Allen & Overy Advise on Establishment of Drivitty/Eurowag Strategic Partnership

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Cobalt has advised the unidentified founders of Drivitty on its entrance into a strategic partnership with Eurowag. Allen & Overy’s Prague office advised Eurowag on the deal.

Eurowag is a provider of integrated mobility services, such as fuel cards, VAT refunds, and toll and tunnel payment options, among other things. The company employs over 1,000 people and operates 18 offices across Europe and the Middle East.

Drivitty is a Lithuanian provider of contactless payment services for fuel to fuel stations and their customers.

According to Cobalt, “the partnership between Eurowag and Drivitty will contribute significantly to the shift towards a digital future in the mobility and transportation industry in Europe.”

Cobalt’s team included Partner Elijus Burgis and Managing Associate Deimante Pagiriene.

Allen & Overy’s team consisted of Partner Prokop Verner and Senior Associate Jakub Cech.