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Sorainen Advises BaltCap on Kelprojektas Sale to Tyrens

Sorainen Advises BaltCap on Kelprojektas Sale to Tyrens

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Sorainen has advised BaltCap on the sale of Kelprojektas to Swedish technical consultancy firm Tyrens. Eversheds Sutherland advised Tyrens on the acquisition.

Kelprojektas is a Lithuanian infrastructure consultancy active in the fields of design, water, geotechnics, and landscape architecture, among others. In Sweden, Kelprojektas operates through the company ICCON, which was also included in the acquisition, along with Lithuanian companies Urbanistika and Kelvista.

Kelprojektas’ operations will continue under the existing name and brand.

The Sorainen team was led by Partner Mantas Petkevicius and included Associates Vytautas Sabalys and Laura Matuizaite, as well as Legal Assistant Ieva Krivickaite.

Eversheds Sutherland did not reply to our inquiries about the deal.