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PRO BRO Group sells Švaros broliai car cleaning centres
We advised the car washing and premises cleaning service company PRO BRO Group on the sale of the “Švaros broliai” car cleaning centres to the investment company Seal Group. This step will allow PRO BRO Group to allocate its resources on the further expansion of its express tunnel car washes. The successfully sold cleaning centres […]
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Mantinga Group acquires Dutch frozen bakery distributor F&L Sales B.V.
We advised Mantinga Group – one of the leading producers of frozen bakery goods, snacks, and bread in the Baltics – on the acquisition of F&L Sales B.V., a Dutch company that will now operate as the new group division Mantinga Netherlands. F&L Sales B.V. is a long-established independent distributor of frozen baked goods in […]
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Rheinmetall, EPSO-G Invest and Giraitės ginkluotės gamykla enter into strategic partnership
We advised Giraitės ginkluotės gamykla, the largest military and civilian ammunition manufacturer in the Baltics, on entering into partnership with the German defence technology company Rheinmetall, the Lithuanian energy transmission and exchange group EPSO, and the state-owned company Valstybės investicinis kapitalas (State Investment Capital). A shareholders’ agreement was concluded to regulate the acquisition of shares […]
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President of Lithuania Valdas Adamkus establishes endowment fund
The philanthropic activities of H.E. Valdas Adamkus, former President of the Republic of Lithuania, and his late wife Alma Adamkienė will be continued by the established endowment fund. Alma and Valdas Adamkus Charity and Support Fund with restricted capital will support the Valdas Adamkus Presidential Library-Museum in Kaunas as well as gifted students in schools […]
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Insuro Technologies expands into the Baltics by acquiring Avalanche Laboratory
We advised the Swedish IT company Insuro Technologies on acquiring the Estonian software company Avalanche Laboratory. Rain Kirjanen, the sole owner of Avalanche, will continue as its CEO and a minority shareholder in Insuro Group. By joining forces, both companies can leverage each other’s strengths to grow and create additional sales opportunities. Exciting possibilities for […]