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Queen Morta Schools and Vaikystės Sodas Kindergartens become a part of Globeducate Group
Yesterday, Globeducate completed the acquisition of Queen Morta Schools and Vaikystės Sodas Kindergartens, founded in 2011 and operating across four cities in Lithuania. Thus they became a part of the Globeducate group, a leading international education network with more than 65 bilingual and international schools and online programmes, serving more than 40,000 students across 12 […]
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President of Lithuania Valdas Adamkus establishes endowment fund
The philanthropic activities of H.E. Valdas Adamkus, former President of the Republic of Lithuania, and his late wife Alma Adamkienė will be continued by the established endowment fund. Alma and Valdas Adamkus Charity and Support Fund with restricted capital will support the Valdas Adamkus Presidential Library-Museum in Kaunas as well as gifted students in schools […]
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Invalda INVL and Šiaulių bankas have agreed to merge their retail businesses
We assisted Invalda INVL, the leading investment management and life insurance group in the Baltic region, in signing an agreement with Šiaulių bankas, the largest bank with Lithuanian capital, to merge their retail businesses. The equity value of the deal value – EUR 40.2 million. After the closing of the transaction, the Šiaulių Bankas group, […]
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WTS Global report: tackling plastics pollution and waste
Our team of taxation experts once again contributed to a WTS Global report, this time focused on plastic pollution and how it is being tackled at the global, regional, and national levels. Global decision In March 2022, 175 member states of the United Nations (UN) endorsed a resolution at the fifth session of the UN […]
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Fund managed by Lords LB Asset Management acquires Holiday Inn hotel in Vilnius
We advised Lords LB Baltic Green Fund (V) on acquiring 100% of Valmeda’s shares. Valmeda owns Holiday Inn hotel, which has an area of more than 7,000 m² on Šeimyniškių Street in Vilnius. Situated in a prestigious location in Vilnius Marius Junda, fund manager at Lords LB Baltic Green Fund (V), comments: “We are glad […]