We advised our client Stena Line on a transaction involving acquisition of the operations of the ferry and RoRo terminals at the Port of Ventspils, Latvia.

About the acquisition

The acquisition in Latvia is the latest of several moves to support Stena Line’s long-term expansion in the Baltic Sea region, which is fast developing economically. Direct ownership of the operations in Ventspils will give Stena Line the initiative in future expansion opportunities, as Latvia continues to grow in importance as a maritime nation with increasing trade volumes.

Our service and team

We provided full transaction support to Stena Line for this acquisition, and our team was led by country managing partner Eva Berlaus, counsel Santa Rubīna, senior associate Marika Grunte and associate Ieva Zariņa.