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TGS Baltic and Sorainen Advise on Tepix's Sale of Carpet Rental Service to Lindstrom

TGS Baltic and Sorainen Advise on Tepix's Sale of Carpet Rental Service to Lindstrom

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TGS Baltic has advised Latvia's SIA Tepix on the sale of its carpet rental business to SIA Lindstrom, part of the European textile services Lindstrom Group. Sorainen advised Lindstrom on the deal.

According to TGS Baltic, “Tepix, which had gained the trust of customers with a flexible and customer-oriented approach, transferred its customers to Lindstrom, which continued to serve the acquired customers from a new location – its new service center equipped with modern equipment, maximum process automation.” 

TGS Baltic’s team was led by Partner Andra Rubene.

Sorainen's team included Managing Partner Eva Berlaus and Associate Liva Aleksejeva.

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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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