Ellex has advised AS CleanR Group on its completed acquisition of SIA RSC Noma. Sole practitioner Nauris Durevskis advised the sellers.
CleanR "has concluded the transaction and gained ownership of RSC Noma following a positive decision from the Competition Council," Ellex announced.
According to the firm, "RSC Noma is joining the CleanR Group – Latvia’s leading group of companies in the environmental services sector – which means joining the group’s standards regarding sustainability, modernization, and digital development."
"The decision to acquire RSC Noma, which operates in the field of construction waste container rental, construction debris removal, and management, was made this summer," Ellex reported. "One of the main goals of the transaction was to ensure RSC Noma remained on the market, and also the development in the long-term unstable economic conditions with rapidly growing energy resource prices and rising inflation."
Ellex’s team included Latvia-based Partner Peteris Dalderis, Senior Associates Inga Priedite, Anete Dimitrovska, Inese Freivalde, and Beata Plociņa, and Associates Ineta Kanepe and Kaspars Olsevskis.
