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TGS Baltic Assists with Merger of Warehousing and Logistics Park SIA Olaines Logistics Parks into SIA Olaines Logistics

TGS Baltic Assists with Merger of Warehousing and Logistics Park SIA Olaines Logistics Parks into SIA Olaines Logistics

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TGS Baltic has assisted Latvian warehousing and logistics park SIA Olaines Logistics Parks and holding company SIA Olaines Logistics with the former’s merger into the latter. SIA Olaines Logistics is owned by United Partners Property OU via UPP Olaines OU.

According to TGS Baltic, “SIA Olaines Logistics Parks complex is a modern storage place consisting of two buildings with high-class warehouse and office space. The complex is equipped with adequate technological infrastructure and security systems. The total area of the complex is 37,000 square meters, and the premises can provide all the most important temperature regimes for storing food and other products.”

According to TGS Baltic, “the purpose of the merger was to ensure the simplification of the group structure and management, and increase the efficiency of use of administrative resources. The warehouse and logistics park is located in a very advantageous place with a developed transport infrastructure and flexible logistics solutions.”

TGS Baltic’s team included Partner Sandis Petrovics and Associate Alina Lepere.