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Straumann Group acquires Med Grupė’s businesses in the Baltics
We advised Straumann Group, a global leader in tooth replacement and orthodontic solutions, on acquiring Med Grupė, a distributor of dental products in the Baltic states. Following the completion of the transaction, Straumann will have its first subsidiaries in Estonia, Latvia and Lithuania, allowing the group to expand its business in this region further. Straumann […]
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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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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 […]
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Darnu Group acquires 8.3 hectares of land near Litexpo exhibition centre in Vilnius
Our team advised Darnu Group on acquiring 8.3 hectares of land for the construction of residential buildings with commercial premises. The company plans to build approx 900 apartments on the site. Construction is expected to start in the second half of 2022. This is one of the largest acquisition transactions of real estate for development […]
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EIKA Development Fund acquires Visorių centras
We assisted EIKA Development Fund, a closed-end investment fund for well-informed investors, in acquiring 100% of the shares in Visorių centras – a real estate development and leasing company. The fund, which is managed by the investment management company Eika Asset Management, intends to develop apartment buildings on the acquired site on Visorių Street in […]