Ellex, working with Thommessen, has advised Accent Equity on the acquisition of Brimer from Entec Group. Wikborg Rein reportedly advised the Entec Group.
According to Ellex, the acquisition includes Brimer’s operations in Norway and Latvia, with Brimer management co-investing alongside Accent Equity to accelerate the company’s growth.
Founded in 1974, Brimer is a European supplier of composite/GRP solutions for critical infrastructure at sea and on land. The group’s Latvian subsidiaries operate under the Norplast brand.
Accent Equity, established in 1994, invests in Nordic private companies.
The Ellex team included Lativa-based Partner Sarmis Spilbergs, Senior Counsels Iveta Ceple and Eduards Dzintars, Senior Associates Kaspars Olsevskis, Ints Skaldis, and Niklavs Zieds, and Associate Ineta Kanepe.
