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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 […]
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We assisted the Canadian company Rosizeil Importing Co. Inc. in the sale of furniture manufacturer Metalas ir mediena, which operates under the brand METAWOOD. 90% of the shares were acquired by the Luxembourg fund KJK III Participations S.a r.l., and the remaining 10% by the investment management company GS Invest. Rolanda Gineikienė, CEO of METAWOOD, […]
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Deals & Cases / Mantas Petkevičius, Mindaugas Dominykas Baniulis, Asta Augutytė-Rapkevičienė, Gerda Skirbutienė, Julija Kirkilienė, Gabrielė Raižytė-Džulė, Aurelija Daubaraitė, Povilas Užkuraitis, Simonas Šlitas, Danas Šniutė, Radvilė Kvederaitė, Dominykas Kulakas, Nojus Jašmontas, Rytė Rečiūnaitė
We assisted Cedo, a leader in sustainable FMCG private label solutions, in acquiring Plasta Group, one of the largest polyethylene recyclers and suppliers of sustainable plastic products in Europe. Plasta Group operates modern manufacturing plants in Lithuania and Sweden, employing more than 500 skilled professionals. Recycling over 45,000 tonnes of post-consumer waste plastic and producing […]
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We advised Sunly, a renewable energy producer, on raising EUR 60 million from existing shareholders, including the European Bank for Reconstruction and Development (EBRD), Mirova, and Vardar. This funding follows Sunly’s 300 million EUR debt financing round in August 2024. One of the shareholders, Grzegorz Zielinski, EBRD’s Head of Energy Europe, commented on EBRD’s support […]
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ITERUM (previously PET Baltic) has opened a new factory, one of the largest in northern Europe, in Olaine, with a planned processing capacity of 80,000 tonnes per year – or about 30% more than could be ensured at the company’s previous production facility in Jelgava. Iterum has invested more than EUR 10 million in the […]
