We advised Danielius Merkinas and Česlovas Kazlauskas – the founders of domestic logistics service provider NNL LT – on acquiring a 44% stake in NNL LT from Litcapital through an acquisition vehicle.
NNL LT is a leading logistics service provider focused on temperature-controlled goods, operating in Lithuania and Latvia. Consolidated revenue of the business exceeded EUR 20 million in 2019.
Our services and project team
We advised the client on all aspects of the transaction, including structuring the acquisition mechanics, negotiating financing for the acquisition, representation in the purchase process and negotiations on transaction documents.
Our team consisted of partners Algirdas Pekšys, Mantas Petkevičius and Saulė Dagilytė, with senior associate Rasa Mikutienė plus associates Laura Matuizaitė and Jurgita Tekorienė.