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Pohla & Hallmagi has helped Verston Ehitus acquire Estonia's state-owned road maintenance company AS Eesti Teed at public auction with a winning bid of EUR 19.7 million. Ellex Raidla reportedly advised the Ministry of Economic Affairs and Communications on the auction.

Cobalt has successfully represented Helmes, an international custom software developer, in disputes regarding the public procurement process for "Development and Maintenance Services for Collection App Software" organized by Estonia's Information Technology Center of the Ministry of Finance.

The Tallinn office of Cobalt has advised French private investment house Ardian on its acquisition of 100% of Nevel Oy from Vapo Oy. Vapo was advised by Finland's Avance Attorneys.

The Tallinn office of Cobalt has advised Estonian energy group Alexela on its receipt of a EUR 37 million loan from Sihtasutus KredEx, a financing institution established by the Estonian Ministry of Economic Affairs and Communications. Ellex Raidla advised KredEx on the deal.

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