TGS Baltic advised BaltCap on selling the shares of Ecoservice to Eco Baltia

02.06.2021 TGS Baltic advised BaltCap on selling the shares of Ecoservice to Eco Baltia

TGS Baltic advised BaltCap on selling the Ecoservice shares to Eco Baltia, the largest environmental and waste management group in the Baltics, backed by private equity fund INVL Baltic Sea Growth Fund and European Bank for the Reconstruction and Development.

The Ecoservice Group consists of several companies operating in sectors including household waste management, recycling and construction waste collecting as well as other environmental based services. The company employs in the region of 900 employees in Lithuania and last year had revenues of EUR 35 million.

The client was advised by partner Dalia Tamašauskaitė-Žilienė and associate Julija Skardžiūtė.