TGS Baltic and Sweden's Vinge Law Firm have advised IK Investment Partners on the acquisition of A-Katsastus Group’s operations in the Baltics, Sweden, and Poland. Sweden's Roschier Law Firm and Cobalt advised A-Katsastus Group and its subsidiary A-Katsastus.

TGS Baltic's Vilnius office and Clifford Chance have advised Maxima Grupe, UAB on approval of EUR 1 billion medium-term note program and issuance of EUR 300 million of 5-year bonds. BNP Paribas, Deutsche Bank, and SEB Bankas acted as intermediaries, and were advised by Linklaters and Ellex Valiunas. 

Leda Irzikeviciene has become the first ever Chief Operating Officer at Sorainen, taking overall charge of firm management with Managing Partner Laimonas Skibarka.

Lithuanian lawyer Nerijus Zaleckas has joined Skycop as Head of Legal.

Cobalt has advised Furniture1, UAB, a company operating in Lithuania under the trade mark Baldai1.lt, on the sale of 30% of its shares to Bygghemma Group. The buyers were advised by Deloitte Legal.

Sorainen and Schoenherr have helped the Vienna Insurance Group obtain Lithuanian Competition Council approval for its acquisition of 100% of Seesam Insurance shares from Finnish financial services company OP Financial Group. Ellex Valiunas advised the OP Financial Group on the underlying sale.

Sorainen has advised travel planning tools provider Kayak on the acquisition of a business unit from software development company NFQ Technologies in Lithuania. The seller was reportedly represented by Roedl and Partner.

Partner Vilius Bernatonis, Head of TGS Baltic's Banking & Finance and Energy practice groups, is taking over as Managing Partner of the firm's Lithuanian office. Marius Matonis, Head of M&A, Baltics, has been elected Executive Partner.

Ramunas Audzevicius, Partner at Motieka & Audzevicius in Vilnius, claims that the situation is quite calm in Lithuania, though he admits there are still issues in various areas affecting business.

Sorainen has assisted retail footwear chain Batu Kalnas in a case involving the company's claim that its trademark had been fraudulently used on Instagram to set up a fake Batu Kalnas profile and invite people to become influencers for the footwear brand.

TGS Baltic and Dentons Warsaw have advised AUGA group AB and shareholder Baltic Champs Group UAB on implementing a secondary public offering of shares in the company in Lithuania.

Issues relating to the lease of state-owned land in Lithuania are regulated by the country’s Law on Land.

Cobalt has advised the Stemma Group on the sale of 100% of shares in private limited liability companies Vejo Vatas and Vejo Gusis, which operate three wind farms with a total capacity of 34MW, to Lietuvos Energija.

Sorainen and Baker McKenzie have advised Hewlett Packard Enterprise on its agreement to have Swiss-based ALSO Holding run its sales and services business in Lithuania, Ukraine, and Belarus. ALSO reportedly was represented by Cobalt.

Tvins has assisted Domestique Asset Management UAB with its successful application for an asset management company license under the Law on Collective Investment Schemes Designed for Qualified Investors of the Republic of Lithuania.

Sorainen has advised Mobilieji Mokejimai, a company founded by three competitors in the Lithuanian telecommunications sector – Telia Lietuva, Tele2, and Bite Lietuva – on launching and managing MoQ, the first mobile payment platform in the Baltics.

Sorainen has acted as Belarusian and Lithuanian counsels for the EBRD on its USD 15 million loan to the Modus Group.

TGS Baltic has represented Lithuanian waste management company UAB Ecoservice on its acquisition of a controlling 66.31% interest in UAB Marijampoles Svara from UAB Alga. The remaining shares are held by the Marijampole Municipality of Lithuania and a private individual.