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Primus Derling and Azanda & Partners Advise on AJ Power Recycling's Acquisition of SIA Latvijas Zalais Fonds

Primus Derling and Azanda & Partners Advise on AJ Power Recycling's Acquisition of SIA Latvijas Zalais Fonds

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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.

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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

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