Cobalt has advised Betonika on the sale of its production base in Kaunas to Peikko Lietuva. Wint advised the buyer on the deal.
Financial details of the transaction were not disclosed.
Betonika is a Lithuania-based manufacturer of prefabricated reinforced concrete structures for buildings. According to Cobalt, the company has moved all its activities from Kaunas to its production base in Trakai.
Peikko Lietuva is a Finnish manufacturer of reinforced concrete joints and building composite structures for both prefabricated and monolithic reinforced concrete.
Cobalt’s team consisted of Partner Arturas Kojala, Managing Associate Ausrys Sliavas, and Andrius Kazlauskas.
Wint's team was led by Partner Olga Petroseviciene.