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ERGO completes cross-border merger with Gjensidige in the Baltics
Following ERGO’s acquisition of Gjensidige’s Baltic business earlier this year, ERGO Insurance SE has successfully completed its cross-border merger with Akcinė draudimo bendrovė Gjensidige. The merger was registered with the Estonian Commercial Register on 1 November 2026. As a result of the merger, Gjensidige has been dissolved without liquidation and all of its assets, rights […]
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Energix completes one of the largest renewable energy project acquisitions in Lithuania
The international renewable energy company Energix Group has completed the acquisition of the Jonava renewable energy project in Lithuania. The project comprises approximately 470 MW of clean energy capacity, including a 140 MW wind farm, a solar park of up to 330 MW, and a 320 MWh battery energy storage system (BESS). This transaction represents […]
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Danish fund ETNA Capital acquires a controlling stake in Brolis Defence Group
We are advising the Danish private equity fund ETNA Capital on the acquisition of a controlling stake in UAB Brolis Defence Group, a Lithuania-based developer of electro-optical systems for military and security purposes. This marks the largest private equity investment in the defence sector in the Baltic States to date and the first investment of ETNA […]
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One of the largest recent foreign investments in Lithuania: Quaero Capital agrees to acquire a 49% stake in the Vilnius Combined Heat and Power Plant from Ignitis Group
We advised the infrastructure fund Quaero European Infrastructure Fund III, managed by Quaero Capital SA, on the acquisition of a 49% stake in the Vilnius Combined Heat and Power Plant from Ignitis Group. The Vilnius Combined Heat and Power Plant (CHP) – one of the most advanced facilities of its kind in Europe – is […]
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Espersen sells fish product plant in Klaipėda FEZ
We advised the Danish company A. Espersen A/S, a leading global producer of fish products, and its Lithuanian subsidiary UAB Espersen Lietuva on the sale of the real estate and equipment forming a fish product plant located in the Klaipėda Free Economic Zone to UAB Atlas Premium Lietuva. As a part of the transaction, Espersen […]