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Cobalt Advises Roche Latvija on Reconstruction of Historic Headquarters in Riga

Cobalt Advises Roche Latvija on Reconstruction of Historic Headquarters in Riga

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Cobalt is advising Roche Latvija on the reconstruction of Roche's historic headquarters in Riga, as well as on an agreement with Italian contractor Novatek to level the building.

The estimated project cost is EUR 5 million.

The Roche historic headquarters was built in the early 1930s, and according to Cobalt, it “served as an architectural inspiration for a number of Roche buildings across the Europe.” It was nationalized during Soviet times and was for decades used by various state institutions. Roche reacquired the building in 2016.

The reconstruction process is in progress and is expected to finish at the beginning of 2020. The building will host Roche's Latvian office and innovations laboratory. 

In 2018, Cobalt advised Roche Latvija on the acquisition of Roche's product distribution businesses, to Medilink (as reported by CEE Legal Matters on September 10, 2018).

The Cobalt team advising on the reconstruction and leveling project consists of Managing Partner Dace Silava-Tomsone, Partner Sandija Novicka, Specialist Counsel Sabine Vuskane, and Associate Juta Guļkevica.   

Latvian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. 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 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

All News about Cobalt can be found here.


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