Deals and cases

The global sustainability leader is coming to the Baltics: TGS Baltic advised IFCO SYSTEMS in acquiring UAB PlasticPack

Our experts Aurimas Pauliukevičius and Indrė Vickaitė-Liatukė advised IFCO SYSTEMS, the world's leading supplier of reusable packaging containers (RPC) for fresh food products, in acquiring 100% of shares in UAB PlasticPack from the previous owners who are private individuals.

TGS Baltic advises Maxima Grupė on structuring the Commercial Paper Programme

TGS Baltic has successfully advised Maxima Grupė in structuring the Commercial Paper Programme and the issuance of EUR 35 million of notes under the programme.

TGS Baltic has acted as the leading legal advisor for Euroapotheca in EUR 700 M transaction

TGS Baltic has advised Euroapotheca, UAB in joint venture with Oriola Corporation, which will be a merger of the Swedish pharmacy businesses of both the parties: Euroapotheca’s Apoteksgruppen and Oriola’s Kronans Apotek. The transaction will create the third largest pharmacy chain in Sweden.

TGS Baltic advised Naujoji Ringuva and Spodrība in joining forces and setting up a leader in the Baltic region

A new leader in the development of cleaning products in the Baltic region. 

TGS Baltic advised Audimas, Lithuanian sports clothing manufacturer, on business separation and establishing a real estate management company  

We advised Audimas, Lithuanian sportswear and outdoor clothing manufacturer, on separating manufacturing and trading companies and establishing a real estate management company.

TGS Baltic advised ALTUM Capital Fund on a EUR 10 million loan to hygiene product manufacturer iCotton.

TGS Baltic advised ALTUM Capital Fund on a loan of EUR 10 million to the eco-friendly hygiene product company iCotton, which employs 800 people at the group's plants in Latvia and Poland and had a turnover of EUR 80 million last year.

TGS Baltic advised shareholders on the sale of the startup LastMile to Iki, one of the largest retail companies in Lithuania 

We are pleased to have advised LastMile shareholders on the sale of the online retailer-startup LastMile to Iki, one of the largest retail companies in Lithuania.

TGS Baltic advised Akropolis Group on EUR 300 million Eurobond issue

We advised Akropolis Group, the leading shopping and entertainment centre development and management company in the Baltic States, on EUR 300 million Eurobond issue.

TGS Baltic advised the sellers on the sale of ritual services company Ritualas and the biggest funeral home in Lithuania

Our team advised the client on the sale of ritual services company Ritualas and the biggest funeral home in Lithuania to Re Verum group.

TGS Baltic advised MCI on the sale of the shares of Pigu worth EUR 37 million

We advised one of the most rapidly growing private equity groups in the CEE region MCI Capital on selling its 51% stake in the e-commerce platform Pigu to Mid Europa Partners.

TGS Baltic successfully represented Agrotechnika, a company of the Republic of Ukraine, in a dispute with a debtor

We successfully represented our client, the company of the Republic of Ukraine Agrotechnika, in a dispute with Grūdoteka (debtor) regarding illegally initiated out-of-court bankruptcy proceedings of the debtor.

TGS Baltic represented real estate company AS Retail Mežaparks in the largest land sale transaction to SIA Plesko Real Estate for the construction of Rimi supermarket.

TGS Baltic represented real estate company AS Retail Mežaparks in the largest land sale transaction to SIA Plesko Real Estate for the construction of Rimi supermarket.

TGS Baltic advised Saugos investicijų biuras on receiving a merger clearance from the Competition Council regarding the acquisition of 3 security companies owned by Maxima

TGS Baltic successfully advised Saugos investicijų biuras (SIB) on receiving a merger clearance from the Competition Council regarding the acquisition of 3 security companies - Akonkagva, Eigeris and Loganas – all owned by Maxima LT, the largest retail group in the Baltics.

TGS Baltic advised Maxima Group on transforming the structure of the group

We are pleased to have advised the largest retail group in the Baltics Maxima Group on transforming the structure of the group.

TGS Baltic represented the shareholders of NoriuNoriuNoriu in the sale of their shares to Laisvalaikio dovanos group

We have represented shareholders of one of the largest Baltic hotel services portals NoriuNoriuNoriu in the sale of 90% if the shares in UAB NoriuNoriuNoriu to UAB Disrupta. UAB Disrupta operates under the brand Emoti Group and owns the largest Baltic online gift platform Laisvalaikio dovanos.

TGS Baltic represented SIA Tepix by selling its carpet rental service business to SIA Lindstrom

TGS Baltic represented Latvian carpet rental service provider SIA Tepix by selling its carpet rental service business to SIA Lindstrom, a part of the leading European textile services group – Lindström Group.

TGS Baltic assisted CVI on preparation and negotiation of a secured mezzanine bonds transaction

TGS Baltic assisted CVI Dom Maklerski sp. z o.o. (CVI ) in arranging financing to SIA Riga Retail Park for the purposes of co-financing acquisition of real property as well as construction and development of the Saga Lifestyle and Shopping Centre in Stopini, a suburb of Riga, Latvia, by the Baltic real estate developer, VPH UAB.

AUGA group, AB continued success in capital markets – it finalised a public offering of green bonds

TGS Baltic advised AUGA group, AB in approval of the bond programme for up to EUR 60 million and issue of the first green bonds issue in the amount of EUR 20 million according to the programme. The issued bonds are soon to be admitted to trading on AB Nasdaq Vilnius.

It is the first instance of issuing green bonds by private equity companies in the Baltics. Also, according to value and the number of investors, it is one of the biggest issues on Nasdaq Baltic exchange.

TGS Baltic advised Global Rubber Industries (Pvt) Ltd in purchasing the shares of Nortire OÜ

TGS Baltic advised Global Rubber Industries (Pvt) Ltd in purchasing the shares of Nortire OÜ, a leading distributor of speciality tires in the Baltics, Belarus and Western Russia.