The Lithuanian office of Glimstedt has advised UAB CGP Management on the sale of four private medical service operators in Lithuania to Latvia's Repharm healthcare group. Cobalt advised Repharm on the deal.
According to Glimstedt, the four private medical service operators – UAB MediCa Klinika, UAB Kardiolita, UAB Bendrosios Medicinos Praktika, and UAB Svalbono Klinika – represent “the largest private medical service provider in Lithuania with a network of 33 clinics operating in 16 cities. The network includes Kardiolitos Klinikos in Vilnius, the only privately-run hospital in Lithuania providing for hospital care services.”
Glimstedt’s team was led by Partner Andrius Ivanauskas and included Associate Partner Edvard Gasperskij, Senior Associate Michailas Molis, and Associate Simona Butkute.
Cobalt's team included Partner Elijus Burgis and Senior Associates Deimante Pagiriene, Julija Aleska, Julija Beldeninoviene, and Justinas Sileika.
