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PRO BRO Group sells Švaros broliai car cleaning centres
We advised the car washing and premises cleaning service company PRO BRO Group on the sale of the “Švaros broliai” car cleaning centres to the investment company Seal Group. This step will allow PRO BRO Group to allocate its resources on the further expansion of its express tunnel car washes. The successfully sold cleaning centres […]
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Peraltis sells paper cup business to Ronelda
We advised the shareholders of UAB Peraltis on the sale of their paper cup manufacturing business to UAB Ronelda, a strategic investor backed by private equity investors and business angels. UAB Peraltis is a well-established Lithuanian paper cup manufacturer, known for its high-quality products and innovative solutions. With a strong track record and diverse client […]
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Espersen sells fish product plant in Klaipėda FEZ
We advised the Danish company A. Espersen A/S, a leading global producer of fish products, and its Lithuanian subsidiary UAB Espersen Lietuva on the sale of the real estate and equipment forming a fish product plant located in the Klaipėda Free Economic Zone to UAB Atlas Premium Lietuva. As a part of the transaction, Espersen […]
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Metsä Group completed the divestment of its wood supply business in Latvia
We advised Metsäliitto Cooperative, a Finnish forest industry sector player, on selling its subsidiary Metsa Forest Latvia SIA to ACA Timber SIA. About transaction The arrangement aims further to increase the flexibility of Metsä Group’s wood supply. The divestment of the Latvian wood supply operations will not have a material financial impact on Metsä Group’s wood supply and […]
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Estonian glass facade manufacturer Windoor prevails in ICSID arbitration against Kazakhstan
The International Centre for Settlement of Investment Disputes (ICSID) Tribunal has ruled in favour of one of Estonia’s largest glass and aluminium facade manufacturers, Windoor, in its dispute against the Republic of Kazakhstan. Kazakhstan violated the obligation of fair and equitable treatment The Tribunal determined that Kazakhstan’s refusal to enforce the SCC Awards, the invalidation […]