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Pohla & Hallmagi Advises SEED on Sale of Lithuanian Subsidiary

Pohla & Hallmagi Advises SEED on Sale of Lithuanian Subsidiary

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Pohla & Hallmagi has advised Norway's Selvaag Eastern European Development Fund OU on the sale of its 100% shareholding in its LIthuanian subsidiary, UAB Parkavimo Paslaugos, to UAB Baltexpro.

According to Pohla & Hallmagi Partner Juri Ploom, who led his firm's team on the deal, "Selvaag has no more business in Lithuania; it earlier sold its subsidiaries in Poland and Latvia and is close to liquidating its companies in Estonia."

Ploom was supported by Pohla & Hallmagi Counsel Madli Astok.