-
Largest Baltic deal of this decade: Salling Group completes acquisition of Rimi Baltic
We advised Salling Group, Denmark’s largest retail group, throughout its EUR 1.3 billion acquisition of the Rimi Baltic retail chain in Lithuania, Latvia, and Estonia. The acquisition was announced on 5 March 2025 and completed on 2 June 2025 after receiving the clearance from the European Commission and the FDI clearance in Lithuania. This is […]
-
Saferoad receives clearance from the Lithuanian Competition Council to acquire GATAS
We advised road traffic safety service provider Saferoad during the process of obtaining the clearance from the Lithuanian Competition Council for the acquisition of 100% shareholding in Lithuanian company GATAS. Commitments to preserve effective competition Taking into account the findings of the Competition Council, Saferoad submitted commitments to ensure fair supply conditions for all GATAS […]
-
Saferoad’s acquisition of GATAS will accelerate the development of the Lithuanian transport infrastructure sector
We advised a road safety supplier Saferoad on signing an agreement to acquire UAB GATAS. With this deal, Saferoad and GATAS will form a joint service business, strengthening road safety in Scandinavia, Lithuania, Poland, and the wider EEA area based on the combined know-how of both sides. Saferoad, headquartered in Oslo, Norway, operates in 13 […]
-
Gjensidige sells its business in the Baltics
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
-
INVL Baltic Sea Growth Fund completes the acquisition of Nemunas and Eglės Sanatorija
We assisted the INVL Baltic Sea Growth Fund in completing the acquisition of Nemunas, one of the most modern treatment centres in Birštonas; and Eglės Sanatorija – one of the largest spa and treatment centres in the Baltics. The transactions were closed following regulatory approval from the Lithuanian Competition Council. Nerijus Drobavičius, a partner at […]