TGS Baltic has advised Orac Holding on its acquisition of SIA Agency More Than from Dzintars Pauzers.
Orac Holding is a producer of professional interior finishing materials.
According to TGS Baltic, “before the acquisition, SIA Agency More Than primarily distributed Orac Decor branded products in Latvia and a little in Lithuania. Orac Group was the main client of SIA Agency More Than. Following this acquisition, Orac Holding will enter the downstream market, continue to strengthen its distribution of goods in Latvia and Lithuania, and expand in Estonia.”
The TGS Baltic team included Partner Andra Rubene, Counsel Janis Bite, Senior Associates Rudolfs Vilsons, Anna Vaivade, and Kaspars Treilibs, and Associate Evija Abele.
TGS Baltic did not respond to our inquiry on the matter.
