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We advised Antalis during the acquisition of Pakella, which specialises in the manufacturing and distribution of industrial and food packaging to various business customers. Pakella is a leading packaging distributor in Latvia, Lithuania and Estonia, with a EUR 15 million turnover in 2023 and 60 employees at its three distribution sites. Antalis is a member […]
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Today, the Baltic deals of the year were announced at the Baltic M&A and Private Equity Forum 2024 in Vilnius. The winners of the title are Maag Grupp and Skeleton Technologies of Estonia and PVcase of Lithuania. Award winners 2024 The Baltic M&A Deal of the Year is Maag Grupp’s acquisition of HKScan‘s Baltic businesses […]
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We advised the Finnish forest industry company Metsä Group on selling its Estonian subsidiary Metsä Forest Eesti’s wood supply business to Combiforest, an Estonian woodworking company owned by Combiwood Grupp. The parties have also agreed on long-term deliveries of pulpwood and chips to Metsä Group. Among the largest forest industry companies in the region Metsä […]
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We advised the companies Heidelberg Materials Lietuva Betonas and ESSPO during the process of obtaining the approval of the Lithuanian Competition Council for their jointly controlled company Heidelberg Mobile to supply products to other market participants. The Heidelberg Materials group is one of the world’s three largest producers of cement, ready-mixed concrete and inert materials. […]
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On 14 September 2023, the Saeima approved amendments to the Consumer Rights Protection Law (CRPL) and related amendments to the Civil Procedure Law. These amendments will introduce a new procedural instrument to consumer class actions in Latvia, as provided for in the European Union (EU) Directive 2020/1828. The main objective of the law is to […]
