-
Heidelberg Materials Lietuva Betonas and ESSPO group restructure their cooperation in the concrete production segment
We advised Heidelberg Materials Lietuva Betonas on two strategic transactions with the ESSPO group, aimed at separating their activities in the mobile and stationary concrete plant segments. First, Heidelberg Materials Lietuva Betonas sold its 45% shareholding in Heidelberg Mobile to the ESSPO group, thereby exiting the joint venture between the parties. Second, Heidelberg Materials Lietuva […]
-
Significant transaction in the Lithuanian food industry: Biovela Group seeks to acquire a controlling stake in Idavang
We advised Biovela Group, the largest meat processing group in the Baltic states, on its planned acquisition of a controlling stake in UAB Idavang. Idavang is the largest pig farming company in the Baltic region and has been operating in Lithuania since 1999. The company manages 12 farms and produces around 480,000 pigs annually. In […]
-
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 […]
-
Bitė Group sells its tower portfolio to Stonepeak for EUR 480 million, making it Top 3 Baltic deal of the year
We advised Bitė Group, the leading telecommunications and media group in the Baltics, on the sale of its communications towers company TeleTower to global private equity firm Stonepeak. The transaction will create the first fully independent tower company in the region and represents the beginning of a strategic partnership dedicated to investing in the Baltic […]
-
Palo Alto Networks to acquire Chronosphere
We acted as the Lithuanian legal advisor for Palo Alto Networks, the global cybersecurity leader, on its entry into a definitive agreement to acquire Chronosphere, a next-generation observability platform built to scale for the AI era. Under the terms of the agreement, Palo Alto Networks will acquire Chronosphere for a total consideration of USD […]