Primus Derling has advised AJ Power Recycling on the acquisition of 100% of the shares of SIA Latvijas Zalais Fonds. Azanda & Associates advised the sellers on the deal.
Primus Derling describes the AJ Power Group as “the largest private group of local capital energy companies in Latvia operating since 2014,” and the firm reports that it currently offers five types of services – electricity, natural gas, solar energy, a natural resource tax management system, and implementation of energy projects.
SIA Latvijas Zalais Fonds operates in the field of packaging and management of environmentally hazardous goods.
The Primus Derling team was led by Partner Zane Eglite-Fogele and also included Attorneys Andis Ozolins and Kristine Sakarne.
The Azanda & Partners team was led by Partner Ieva Azanda.