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TGS Baltic Advises Eugesta on Acquisition of Majority Interest in Armavista

TGS Baltic Advises Eugesta on Acquisition of Majority Interest in Armavista

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TGS Baltic has advised UAB Eugesta on the acquisition of a majority interest in UAB Armavista.

UAB Eugesta is an international distribution company in the Baltic States that provides road freight transport, transport logistics services, distribution of consumer goods, and the wholesale trade of alcohol and non-alcohol beverages. According to TGS Baltic, 94.7% of shares in UAB Eugesta is managed by KS investicija controlled by Kestutis Stabingis, which also owns the restaurant chain Fortas.

UAB Armavista provides freight forwarding, road freight transport, reloading, warehousing, and other terminal services.

The TGS Baltic team consisted of Executive Partner Marius Matonis, Associate Giedrius Svidras, Junior Associate Julija Skardziute, and Trainee Paulius Dabulskis.

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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

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