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TGS Baltic and Sorainen Advise on VK Investicija's Sale of Shares in Sparta Factory in Vilnius to Marquess Global

TGS Baltic and Sorainen Advise on VK Investicija's Sale of Shares in Sparta Factory in Vilnius to Marquess Global

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TGS Baltic has advised KS Investicija on the sale of 45% of newly-issued shares in UAB VK Investicija to Swiss investor Marquess Global AG. VK Investicija is a holding company of AB Sparta, a former textile manufacturing company KS Investicija acquired in 2018. Sorainen advised Marquees Global on the deal.

The former Sparta factory in Vilnius is planned to be transformed into a technology campus.

Marquess Global AG is part of the Tesonet group, a cybersecurity and big data solutions company  providing services in more than 70 countries worldwide.

The TGS Baltic team included Partners Marius Matonis and Dainius Stasiulis, Associate Indre Vickaite-Liatuke, and Junior Associate Julija Skardziute.

The Sorainen team included Partner Kestutis Adamonis, Counsel Asta Augutyte-Rapkeviciene, and Senior Associates Karolis Kunigelis, Edita Dauksiene, and Evaldas Dudonis.