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Gjensidige completes sale of its business in the Baltics to ERGO
We advised the Norwegian non-life insurance company Gjensidige Forsikring on completing the sale of its business in the Baltics to ERGO International AG, a company that manages ERGO’s international business portfolio. All conditions necessary for the completion of the transaction have been fulfilled according to schedule, such as the required regulatory approvals in Lithuania, Latvia […]
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Peraltis sells paper cup business to Ronelda
We advised the shareholders of UAB Peraltis on the sale of their paper cup manufacturing business to UAB Ronelda, a strategic investor backed by private equity investors and business angels. UAB Peraltis is a well-established Lithuanian paper cup manufacturer, known for its high-quality products and innovative solutions. With a strong track record and diverse client […]
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Court overturns record cartel fines in Lithuania
We represented Gintarinė vaistinė and Limedika in a major antitrust case—the largest in Lithuania’s history. These pharmaceutical companies were fined over EUR 25 million by the Lithuanian Competition Council (LCC) for allegedly coordinating with competitors while lobbying. The LCC claimed they submitted data to the Ministry of Health that influenced the Ministry’s decision to approve […]
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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 […]
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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 […]