Dunker Group OÜ, with its subsidiaries, is one of the leading distribution companies for wine in the Baltic States, with sales of just under 80 million, and employs around 200 people. Until now, Dunker has been managed in partnership by the shareholders Andres Villomann and Arvo Kask (50 percent each). The latter is selling his shares to the Hawesko Group and leaving the management. The Hawesko Group is thus expanding its international activities and tapping into the Baltic market.
In cooperation with the lead counsel Oppenhoff, our TGS Baltic team conducted the legal and tax due diligence of the target’s assets in Estonia, Latvia and Lithuania, and supported the client in drafting and negotiating the transaction documents, including the share purchase agreement and the shareholders’ agreement, as well as assisted at closing the transaction.
The TGS Baltic project team was led by Kadri Kallas and Mirko Kikkamägi, and included Helmut Pikmets, Sergei Jegorov, Triinu Järviste, Mari Anne Rohtla, Mari-Liis Orav, Eva Arumets, Stina-Maria Lusti, Melmariin Salumäe from Estonia. The Latvian team was led by Andra Rubene, Evija Ābele and Rūdolfs Vilsons. Lithuanian team was led by Dalia Tamašauskaitė-Žilienė, Rūta Tikuišytė, Jonas Šalna, Loreta Antanaitienė, Aleksandra Fedotova and Marijus Kriščiūnas.