SPC Legal has advised the GATAS Group in its acquisition of 99.74% of shares in JSC Zemaitijos Keliai, a Lithuanian company that carries out civil engineering work. The deal is expected to be completed in mid-2018.
Zemaitijos Keliai generates about EUR 20 million per year and employs around 250 people.
SPC Legal reports that its work on the deal included transaction structuring, negotiation of the transaction, preparation of transaction documents (intention agreement, share purchase agreement, etc.), preparation of a merger notice, and representation of the client in front of the Competition Council.
The SPC Legal team was led by Partner Mindaugas Rimkus, assisted by Senior Associate Jonas Povilionis.
SPC Legal did not reply to an inquiry about counsel for the sellers.