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Cobalt Advises UAB Kedainiai Free Economic Zone Prepare Agreements for Kormotech

Cobalt Advises UAB Kedainiai Free Economic Zone Prepare Agreements for Kormotech

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Cobalt has helped Lithuania's UAB Kedainiai Free Economic Zone draft establishment and operation agreements for Kormotech.

UAB Kedainiai FEZ is a 130.55-hectare industrial development territory with the status of a free economic zone. The zone was established to develop and expand economic-commercial and financial activities.

According to Cobalt, “UAB Kormotech is a family-owned company and one of the leading Ukrainian producers of cat and dog food. The company has two wet and dry pet food plants in the Lviv (Ukraine) region and one plant in Kedainiai (Lithuania). Kormotech exports its products to 31 countries.”

“It has been decided to build a pet food plant in UAB Kedainiai FEZ in order to increase production capacity and provide logistical advantages to customers all over the world,” Cobalt reports. “The total amount of all investments is EUR 15 million, and the plant is going to create around 60 new jobs.”

Cobalt’s team was led by Managing Associate Ausrys Sliavas.

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

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