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Deloitte Legal and Kaevando & Partnerid Advise on Lonas Acquisition of Estonian Bedroom Product Seller

Deloitte Legal and Kaevando & Partnerid Advise on Lonas Acquisition of Estonian Bedroom Product Seller

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Lawyers from Deloitte Legal's Lithuanian and Estonian offices have advised Lonas UAB, a manufacturer of mattresses and beds, on its acquisition of Estonia's Dreamland Home OU, a retailer and wholesaler of bedroom products, from ITIS Holding OU. Kaevando & Partnerid advised the sellers on the deal.

According to Deloitte Legal, "this transaction enables Lonas UAB to enter Estonian market through acquisition of a competitor. It is a first cross-border acquisition completed by Lonas UAB."

Deloitte Legal's team included Lithuanian Partner Tomas Davidonis and Managing Associate Tomas Mieliauskas and Estonian Partner Marko Pikani.

The Kaevando & Partnerid team included Partners Madis Saar and Marko Kaevando.

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