Corporate/Commercial
Europe Guide 2024 : Latvia
Band 2
Email address
[email protected]Contact number
+371 6788 9999About
Provided by TGS Baltic
- Advised the Ministry of Economics on the acquisition of 18.31% of the shares of AS Conexus Baltic Grid by AS Augstsprieguma tīkls from Uniper Ruhrgas International GmbH;
- Advised the Ministry of Economics on acquisition of 16, 05% of the shares of AS Conexus Baltic Grid by AS Augstsprieguma tīkls from SIA ITERA Latvija;
- Advised Swedbank on acquisition of Danske Bank personal banking business in Lithuania and Latvia;
- Assisted Fuchs Petrolub SE with MEUR 74 acquisition of Statoil Fuel & Retail Lubricants from Couche-Tard Luxembourg;
- Assisted BBG and Baltikums Bank with sale of insurance company Baltikums to Vienna Insurance Group;
- Assisted Communicorp Group with sale of Radio SWH to Cinamon Holding;
- Assisted ACTA (holding of Kiwa and Shield Group International) with acquisition of Inspecta Group;
- Assisted Coats plc, the world’s largest manufacturer and distributor of sewing thread and supplies, with sale of EMEA Crafts business to AURELIUS Group;
- Advised Mezzanine Management on MEUR 23.3 investments into Mogo Finance;
- Acquisition of Allied Irish Bank's mortgage loan portfolio and Hipo Fondi pension funds and investment plans for SEB and SEB Wealth Management.
Chambers Review
TGS Baltic has an experienced team regularly called upon to provide transactional support on M&A deals, including due diligence projects. It also advises on shareholder agreements and regulatory issues as well as day-to-day support matters. The law firm advises businesses from a variety of sectors including energy and technology. Its strong roster of local and international clients features prominent banks and private equity companies.
Work Highlights
- TGS Baltic assisted Tet with its acquisition of Telia's Latvian business, including merger clearance aspects.
Strengths
Provided by Chambers
"TGS Baltic has a very responsive team that handles complex transactions requiring creativity and profound business understanding."
"TGS Baltic has a very responsive team that handles complex transactions requiring creativity and profound business understanding."
Notable Practitioners
Andra Rubene is a well-regarded name with solid experience in M&A transactions as well as supporting clients on corporate law issues.
"Andra Rubene is one of the most experienced, client-oriented and hard-working lawyers in Latvia."
"Andra is a good practitioner who holds a strong position in the market."
Jānis Bite assists clients with disposals and acquisitions as well as day-to-day corporate matters. He joined TGS Baltic from Sorainen in December 2023.
"Jānis Bite has in-depth expertise."