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Strategic divestiture of fuelling and mobility services across eight countries
We advised a US-based industrial manufacturing company, Vontier, on the divestiture to TSG of the service operations of its portfolio company, Gilbarco Veeder-Root, across eight countries. The divestiture includes service operations in the UK, Finland, Denmark, Norway, Estonia, Sweden, Latvia and Lithuania. Bringing together the strengths of both companies By combining Gilbarco Veeder-Root’s trusted customer […]
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SIRIN Development sells company owning a transport site in Vilnius
We advised SIRIN Development, a logistics real estate developer, on the sale of a strategic logistics and transport site in Vilnius to the passenger transport company TOKS. The sold 42,000 m² site will be transformed into a modern electric commercial vehicle service center, featuring an electric vehicle charging depot, a technical maintenance and service center, […]
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Rail Baltica EUR 1.77 billion electrification contract signed
Rail Baltica will electrify 870 km of railway and 2,403 km of track across Estonia, Latvia and Lithuania, making it the most extensive railway electrification project in Europe and one of the biggest worldwide. It will also pioneer the large-scale use of Static Frequency Converter (SFC) technology combined with 2x25kV in a 50 Hz system, […]
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Stena Line will obtain the rights to provide port operations in Liepāja
We are advising Stena Line on its planned acquisition of Liepāja port operator Terrabalt. By acquiring the Latvian company Terrabalt, Stena Line will take over the operation of the RoRo, bulk and general cargo terminal in Liepāja, Latvia’s third-largest port. About the acquisition The Liepāja port is managed within the framework of the Liepāja Special […]
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Final ruling entered into force on claim exceeding EUR 6 million based on forged documents
The Supreme Court declined to accept the claimant’s appeal for review, thereby rendering the important ruling final and bringing an end to a dispute that had lasted for years. We successfully represented the bankruptcy trustee and the company in a dispute over the recognition of an alleged claim of EUR 6.3 million in bankruptcy proceedings. […]