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A landmark decision for competition law in Latvia
We successfully defended our client – one of Latvia’s major construction companies – in a landmark case concerning alleged cartel activity among the country’s largest construction firms. The Latvian Supreme Court has ruled that information obtained through operational measures within a criminal investigation – such as covert surveillance or wiretapping – cannot be used as […]
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Acquisition of Latvian wood processing company Kurekss completed
We advised the shareholders of Kurekss, which is one of Latvia’s leading sawmills and has over 30 years of industry experience, on the sale of 100% of shares in the company and, indirectly, its subsidiary Kurzemes granulas (a wood pellet producer in Latvia, in operation since 2005) to HS Timber Group. About Kurekss Established in […]
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Stena Line will obtain the rights to provide port operations in Liepāja
We are advising Stena Line on its planned acquisition of Liepāja port operator Terrabalt. By acquiring the Latvian company Terrabalt, Stena Line will take over the operation of the RoRo, bulk and general cargo terminal in Liepāja, Latvia’s third-largest port. About the acquisition The Liepāja port is managed within the framework of the Liepāja Special […]
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Metsä Group completed the divestment of its wood supply business in Latvia
We advised Metsäliitto Cooperative, a Finnish forest industry sector player, on selling its subsidiary Metsa Forest Latvia SIA to ACA Timber SIA. About transaction The arrangement aims further to increase the flexibility of Metsä Group’s wood supply. The divestment of the Latvian wood supply operations will not have a material financial impact on Metsä Group’s wood supply and […]
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Metsä Group to divest its wood supply business in Latvia
We advised Metsäliitto Cooperative, a Finnish forest industry sector player, on selling its subsidiary Metsa Forest Latvia SIA to ACA Timber SIA. About transaction The arrangement aims further to increase the flexibility of Metsä Group’s wood supply. The divestment of the Latvian wood supply operations will not have a material financial impact on Metsä Group’s […]