01
Thu, Oct
46 New Articles

Tark Grunte Sutkiene Advises on Sale of Shares of Ecoservice

Lithuania
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Tark Grunte Sutkiene has represented AB City Service, a shareholder of Ecoservice, in a sale of its shares in the company.

Ecoservice is the biggest waste management company in Lithuania, engaged in the collection, transportation and processing of secondary raw materials and household waste. It was acquired by the Baltcap private equity and venture capital fund through UAB AWT Holding. AB City Service has reinvested part of the funds and retains 25% of shares in UAB AWT Holding.

AB City Service is a holding company which manages one of the largest corporate groups engaged in facility management and integrated utility services in Europe. The shares of City Service AB have been quoted on the Official List of NASDAQ OMX Vilnius Stock Exchange since 2007.

The Ecoservice deal was one of the biggest transactions in the utilities sector in recent years and is the first private equity fund investment in the sector in the Baltics. 

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