Tue, Feb
62 New Articles

Deloitte Legal Advises Aurora Cannabis on Merger of Lithuanian Subsidiaries

Deloitte Legal Advises Aurora Cannabis on Merger of Lithuanian Subsidiaries


The Lithuanian office of Deloitte Legal has advised Aurora Cannabis Inc. on the merger of its two Lithuanian subsidiaries, Agropro and Borela.

According to Deloitte, “Agropro is the largest organic hemp grower, processor, and supplier of certified organic hemp and hemp products in Europe and Borela is an organic hemp factory. Aurora is listed on the Toronto Stock Exchange and New York Stock Exchange under the ticker ACB and on the Frankfurt Stock Exchange under the trading symbol 21P. After the merger Lithuanian subsidiary continues its operations under the new corporate name Aurora Hemp Europe UAB.”

Deloitte Legal's team included Partner Tomas Davidonis, Managing Associate Tomas Mieliauskas, Associates Andrej Jemeljanov and Ieva Vaskinelyte, and Assistant Lawyer Auguste Siutilaite.

Lithuanian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

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

More information on Cobalt can be found at www.cobalt.legal

All News about Cobalt can be found here.


Our Latest Issue