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Andra Rubene, Attorney at Law, Partner, Rūdolfs Vilsons, Associate, and Reinis Grunte, Associate, at TGS Baltic assisted BENU Aptieka Latvija SIA, one of the leading medicines retail chains in the Baltics, with acquisition of 100% shares of SIA Pils zaļā aptieka, a pharmacy in Jelgava, Latvia, from a private person, thereby expanding Benu network of 69 pharmacies in Latvia.
Estonian M&A team of TGS Baltic led by partners Kadri Kallas and Sander Kärson advised Euroapteek on the acquisition of Ülikooli Apteek pharmacy chain in Estonia. The transaction is subject to merger clearance after which Euroapteek will integrate 13 Ülikooli Apteek branded pharmacies to its network of 73 pharmacies.
TGS Baltic has successfully represented interests of a clinic providing private gynaecology services in litigation against the State Tax Inspectorate (the STI) after the latter ordered to prepare patients’ health files for a period of 3 years for tax inspection purposes. Objecting to such an order, the clinic addressed the court, requesting to cancel the order of the STI.
TGS Baltic assisted KnowledgePrice, a digital transformation services firm with the sale of their 100% shares to Sapiens International Corporation, a leading global provider of software solutions for the insurance industry.
The M&A team at TGS Baltic led by associate partner Kadri Kallas advised AxFlow, the Fluid Handling Solutions business group of Axel Johnson International, on entering the Baltic market by acquiring Bahr Pump OU (Estonia), Pumptechnique SIA (Latvia) and Flow Technologies UAB (Lithuania). The firm advised AxFlow on the due diligence, structuring of the transaction and assisted on the closing.
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