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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 […]
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Cedo acquires the plastics recycler and producer Plasta Group
We assisted Cedo, a leader in sustainable FMCG private label solutions, in acquiring Plasta Group, one of the largest polyethylene recyclers and suppliers of sustainable plastic products in Europe. Plasta Group operates modern manufacturing plants in Lithuania and Sweden, employing more than 500 skilled professionals. Recycling over 45,000 tonnes of post-consumer waste plastic and producing […]
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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 […]
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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 […]
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Heidelberg Mobile receives permission to supply its products to the market
We advised the companies Heidelberg Materials Lietuva Betonas and ESSPO during the process of obtaining the approval of the Lithuanian Competition Council for their jointly controlled company Heidelberg Mobile to supply products to other market participants. The Heidelberg Materials group is one of the world’s three largest producers of cement, ready-mixed concrete and inert materials. […]