Brasta Group has finalized a share purchase transaction, resulting in one of its two individual shareholders acquiring the remaining 50% of shares from the other shareholder. As a result, the acquiring shareholder now holds 100% of the shares, becoming the sole owner of Brasta Group. This transaction marks a significant milestone for the group and its future development.
Brasta Group, established in 1996 in Kaunas, is an international holding company that brings together businesses specializing in glass and packaging solutions. Its portfolio includes the manufacture of glass partitions, screens, shower enclosures, building and insulation materials, cardboard and paper packaging products, as well as related solutions.
A share purchase agreement has now been signed and the transaction has been completed. All necessary post-closing actions and corporate registrations have been coordinated to ensure a smooth transition to sole ownership.
Our Team and Involvement
Our legal team – partner Evaldas Dūdonis and associate Morta Šablevičiūtė – supported the client throughout the entire transaction. This included preparing, negotiating, and completing the share purchase transaction, drafting and reviewing transaction documents, coordinating signing and post-closing steps, managing corporate registrations, assessing competition law matters, and maintaining ongoing communication with the client and third parties.
