Mergers & Acquisitions

We know that the price a business is given and the actual value of that business are two different things. We believe that by finding the real value of your business, we are able to provide solutions that work for you.

Our aim is to ensure that your acquisition process is smooth and efficient, saving you time and money, and to provide robust legal solutions that give you security against future legal risks. We understand that, when concluding contracts, process management is a key skill. That is why we have assembled a team of legal specialists with the experience and expertise to ensure a positive outcome.

Our legal services offered to the mergers the acquisitions sector include:  

  • corporate mergers and acquisitions; 
  • mergers and acquisitions of listed companies; 
  • funding of mergers and acquisitions;
  • optimal transaction structures; 
  • partnerships and joint ventures;
  • due diligence;
  • negotiations;
  • shareholder agreements;
  • formation of all types of companies, branches and representative offices; reorganisation, restructuring and liquidation of such companies; 
  • choosing the organisational structure and provision of all services relating to corporate management
  • issues related to liability of executives and other governing bodies;
  • regular legal assistance in corporate matters (advising on issues relating to general shareholders’ meetings, activities of the board and executives, authorisations and procurations, etc.).

 

  • advising on acquisition of Citadele Bank. A consortium of private individuals led by (and with participation of) Ripplewood Advisors LLP signed an SPA with Latvian Privatization Agency in relation to the sale of shares of Citadele Banka AS with banking subsidiaries in Lithuania and Switzerland, and a branch of Estonia. Value - app. EUR 75 million;
  • advising on attempted acquisition of plastic packaging producer Appe assets; value - over EUR 250 million;
  • advising on liquidation of UniCredit Banks in Lithuania, Latvia and Estonia. Full scope legal advice and pan-Baltic coordination of the process regarding exit of the UniCredit Bank from Baltic states;
  • advising LITGAS, a supplier of gas to the Lithuanian LNG terminal, on the credit facilities of over EUR 120 million in the negotiations with major Lithuanian and foreign banks. Value - over EUR 120 million;
  • advising Saga Furs Oyj (one of the largest Fur Auctions in the world) on the financing issues and creation of security interests in current and future furs grown by Lithuanian companies and individuals. Total value exceeds EUR 8.5 million;
  • advising Roquette Freres S.A. in granting a credit facility to its subsidiary in Lithuania (AB Amilina). Value - EUR 25 million;
  • advising on consumer financing structure involving MasterCard platform and consumer credit intermediaries from the perspective of Lithuanian law;
  • providing extensive legal advice to Western Union regarding anti-money laundering and terrorist financing regulations in Lithuania;
  • advising on attempted acquisition of Cgates (a second largest cable TV operator in Lithuanian). Representing Abris Capital Partners, a private equity fund, in the due diligence process and advising CMS on transactional matters;
  • advising on financing of Vilnius street lighting modernization project. The financing of the project was negotiated with syndicate of EBRD, NIB and DnB bank as well as with EEEF. Value – app. EUR 20 million;
  • advising E.ON Ruhrgas on the sale of its assets in Lithuania, including 39 per cent stake in AB Lietuvos dujos, a national gas supplier. Value - EUR 136 million;
  • advising E.ON Ruhrgas on the sale of its assets in Lithuania, including 39 per cent stake in AB Amber Grid, a national gas distribution network. Value – EUR 50 million;
  • advising Sanitex, the largest distribution network in the Baltics including a franchise of stationery supplier Office1, on the acquisition of its rival OfficeDay;
  • advising a Swedish company SweDeltaCo on the acquisition of the wholesale operations of the UAB Topo Grupe, one of the largest retail network of household electric appliances. Value – EUR 7.2 million;
  • advising a private equity fund LitCapital I on its investment into UAB Eldes, a producer of application software products, in particular mobile security systems;
  • advising ultimate shareholders of UAB Garsu pasaulis, a regional leader in security and commercial printing, on the sale of the target held through Cyprus structure. The purchaser is the target’s rival Semlex from Belgium;
  • advising UAB GECO Investicijos on its sale of its stakes in the projects developed together with Danpower, a German heat supplier and contracting company, active in Germany and in the Baltic states;
  • advising VIG on the attempted acquisition of PZU Lietuva, one of the largest insurance companies in Lithuania, in the negotiations and legal due diligence, as well as bid submission procedures;
  • advising on acquisition of controlling stake in AB Amilina. Roquette acquired a controlling stake in the Lithuanian company. The move follows three years of successful collaboration between the two partners;
  • aeorganisation of UAB Mažoji Venecija (the total value of the Group companies amounts to EUR 8 million); 

  • increase of the share capital of UAB INTERSURGICAL; 
  • reorganisation of UAB IKEA Industry Lietuva;

  • advising ISM University on corporate management;
  • incorporation of the World Jewish Congress, advising on corporate management; 

  • advising UAB EKSMA on corporate management; 
  • advising Newsec on issues relating to corporate management and liability of executives;

  • advising Contestus Group companies on corporate management.

Contacts

Jogailos 4, 01116 Vilnius