We advised road traffic safety service provider Saferoad during the process of obtaining the clearance from the Lithuanian Competition Council for the acquisition of 100% shareholding in Lithuanian company GATAS.
Commitments to preserve effective competition
Taking into account the findings of the Competition Council, Saferoad submitted commitments to ensure fair supply conditions for all GATAS competitors and to safeguard confidential information. After assessing the commitments, the Competition Council finally approved the transaction on 21 May 2025.
Partner Laimonas Skibarka comments:“ I feel proud of our competition team which did a great job throughout this complex process in smooth collaboration with the client’s team. This clearance for Saferoad’s investment is good news for the whole transport infrastructure sector of Lithuania as it will contribute positively to the sector’s development and integration with the Western European markets.”
Our team and services
Sorainen team, consisting of partner Dr Daivis Švirinas, senior associate Linas Petronaitis and associate Danas Šniutė, represented the client before the Competition Council during the whole merger clearance process, including the preparation of the notification, associated commitments and discussions with the Competition Council.
Sorainen has been advising Safeguard during the whole process of acquisition GATAS.