PwC Legal has advised IBSA Group on the acquisition of its long-term distributor on the Czech market, IBI spol. s r.o. IBI was advised by Solo Practitioners Violeta Jirackova and Rostislav Zak.
Dmitry Churin, Head of the Corporate practice at Capital Legal Services, has been promoted to Partner at the firm.
Ellex Valiunas has advised Edenred SA on its acquisition of a 60% stake in Lithuania's EBV Finance. The acquisition also included EBV Finance subsidiaries in Bulgaria, Poland, Romania, Spain and Estonia. Penkov Markov & Partners advised Edenred in Bulgaria, as did Wardynski & Partners in Poland, Nestor Nestor Diculescu Kingston Petersen in Romania, and Uria Menendez in Spain.
Sorainen has advised Credit Suisse on matters of Latvian and Lithuanian law related to its EUR 27 million loan to Amber Beverage Group, an international producer and distributor of alcoholic beverages.
We will start the overview of the transport and logistics sector in Lithuania by showing the key figures of carriage of goods performed by Lithuanian carriers. The amount of goods carried by all means of transport in Q1 and Q2 of 2019 was 35,025 billion tonne-kilometres – over 16% more than over the same period in 2018, when the amount was 30,175 billion tonne-kilometres.
Ellex Valiunas has helped Lords LB Baltic Fund IV negotiate a lease agreement for a building in Vilnius with Northern Lyceum.
Adon Legal has helped Seili UAB set-up its operations as a consumer credit provider and mortgage credit provider.
Sorainen has advised Baltic Mill on its third bond issuance and the bonds' listing on Nasdaq Baltic First North, an alternative bond market managed by Nasdaq Vilnius. Sorainen also advised arranger Siauliu Bankas on the deal.
Cobalt has advised Genopas B.V. and Nunica Holdings B.V. on the sale of their 100% shareholding in UAB Pusbroliai to Idex Baltic.
Cobalt has advised SEB life insurance entities in Estonia, Latvia, and Lithuania on a cross-border merger in the Baltics.
Lithuania's WINT law firm has agreed to join Estonia's Glikman Alvin Levin and Latvia's Kronbergs Cukste Levin to create a new pan-Baltic alliance.
Sorainen has won a tender to advise Lithuania's state-owned Ignitis Group on an initial public offering it is currently considering. Ashurst will be advising on English and US law aspects.
Motieka & Audzevicius has advised Avia Solutions Group on the acquisition of Bluebird Nordic, a cargo airline headquartered in Iceland. Bluebird Nordic was reportedly advised by Iceland's BBA//Fjeldco law firm.
Ellex Valiunas and Norway's Tenden law firm have advised Norway's Passer Group on its acquisition of 49% of shares in Lithuania's SIDC Group.
Motieka & Audzevicius has advised MyFitness, a sports and fitness club operator, on the acquisition of Lithuania-based Gym Plius. Ellex Valiunas advised the unidentified sellers on the deal.
Derling Primus has helped NBC Security, Inc. establish UAB Baltic Defense Industries, which will manufacture military and defense products in Lithuania for global defense and law enforcement agencies.
Cobalt has advised Iron Wolf Capital on its EUR 1.6 million investment in Integrated Fiber Optics.
DLK Legal has helped Digital Virgo obtain an e-money institution license for Lithuania's Digital Virgo Payment UAB.