Dalia Tamašauskaitė-Žilienė

Dalia Tamašauskaitė-Žilienė

Partner, Head of Transactions and Real Estate specialisation group
Vilnius, Lithuania

One of the most influential and prominent international legal directory IFLR1000, publishing annual independent rankings of law firms, recognized Dalia Tamašauskaitė-Žilienė as a Rising star in mergers and acquisitions and product development areas

  • LEGAL 500
  • IFLR 1000
  • About

    Dalia Tamašauskaitė-Žilienė is Partner, advocate, at TGS Baltic, having extensive experience accumulated for over 20 years of legal practice in mergers and acquisitions, corporate reorganization and transformation, governance of companies and their groups, funding and similar projects.

    She continuously works with large Lithuanian and foreign clients, well-known international corporations, advises on difficult and complex issues relating to their operations, organization, transaction structuring and other matters. Dalia has arranged and headed numerous acquisitions, mergers, and other similar projects.

  • Major Projects
    • 09.06.2020

      TGS Baltic advised Ignitis Group and Litgrid on selling the shares of Duomenų logistikos centras

      We assisted an international energy company Ignitis Group and Lithuania‘s transmission system operator Litgrid on sale of Duomenų logistikos centras (DLC) shares to Quaero European Infrastructure Fund II (QEIF II), an infrastructure investment fund managed by Quaero Capital. According to the share sale agreement Ignitis Group will sell 79.64%, Litgrid – 20.36% of their shares in DLC. The total value of the transaction is EUR 10.1 million.

    • 12.01.2020

      TGS Baltic advised Šiaulių bankas on the acquisition of the retail loan portfolio of EUR 125 million

      We advised Šiaulių bankas, country’s largest Lithuanian-capital bank, on the acquisition of the retail credit portfolio with a value of EUR 125 million. Most of the portfolio consists of the mortgage loans.

    • 17.12.2019

      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.

    • 12.12.2019

      TGS Baltic advised shareholders of MILVITEKA, Lithuanian market leader in manufacturing and installation of bulk handling solutions, on the company's sale to PRECIA MOLEN

      On December 11, PRECIA MOLEN, France's industrial and commercial weighing leader, acquired 100% of UAB MILVITEKA. As it is stated in public disclosure, this acquisition will help to widen PRECIA MOLEN product and service range and will reinforce its presence in Russia, Scandinavia and Eastern European countries. The CEO of the company who was one of the shareholders before the acquisition will keep his position in MILVITEKA.

    • 24.10.2019

      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.

    • 15.10.2019

      TGS Baltic – part of the largest office deal in the history of the Baltics worth EUR 156,1 m

      Deka Immobilien, a German real estate manager, acquires from Norwegian Schage Eiendom AS the Quadrum BC in Vilnius, Lithuania. This sale represents the largest office transaction ever in the Baltic region and it is expected to close within about two months, subject to competition authority approval.

    • 24.09.2019

      TGS Baltic assisted SIA Brain Games with the acquisition of Lithuania’s wholesaler and retailer of board games and toys UAB New Media Publishing

      TGS Baltic assisted Latvia’s board games company SIA Brain Games with the acquisition of Lithuania’s wholesaler and retailer of board games and toys UAB New Media Publishing

    • 06.06.2019

      TGS Baltic advised KŪB Koinvesticinis Fondas on investment in artificial intelligence start-up Attention Insight

      TGS Baltic advised KŪB Koinvesticinis Fondas which together with the Lithuanian Business Angel Network (LitBAN) and venture capital fund Open Circle Capital invested EUR 200,000 in the artificial intelligence start-up Attention Insight, the developer of a product intended for the mass media.

    • 08.02.2019

      TGS Baltic advised KŪB Koinvesticinis fondas on investment into the innovative start-up MOREmins Ltd.

      Koinvesticinis Fondas and 5 other angel investors have invested €750,000 in the start-up which have already enabled 8 countries to make much cheaper calls to mobile or landline phones of subscribers in other countries.

    • 07.02.2019

      Advising Proplastik on selling its business to Vink Group

      TGS Baltic’s cross-border M&A team led by partner Sander Kärson advised the owners of Proplastik in Estonia, Latvia and Lithuania in selling their business to Europe's largest plastic wholesaler Vink Group.

    • 18.01.2019

      TGS Baltic advised Dutch company Factris in acquisition of UAB Debitum fori

      TGS Baltic advised Dutch factoring company Factris in acquiring Lithuanian invoice financing company UAB Debitum fori. The transaction resulted in the acquisition of 100% of shares in UAB Debitum fori operating under the trade name Debifo.

    • 24.08.2018

      TGS Baltic advised AUGA group, AB in successfully implementing the largest public secondary stock in Lithuania

      TGS Baltic advised AUGA group, AB and its largest shareholder, Baltic Champs Group, UAB, in implementing a secondary public offering (SPO) of shares in the company in Lithuania, also in admitting the new shares to trading on the Polish and Lithuanian regulated markets (on the Warsaw Stock Exchange and AB Nasdaq Vilnius), and transferring all its shares from the Additional Trading List to the Official Trading List.

    • 21.08.2018

      Advising Ermitažas in acquiring Bauhof

      TGS Baltic advised UAB Ermitažas, a major Lithuanian chain offering finishing goods, gardening items, and construction materials, in the acquisition of the Estonian company Bauhof, which is a leader in the same sector. After the acquisition UAB Ermitažas became the third largest merchant of construction materials and household items in the Baltics.

    • 06.08.2018

      TGS Baltic represented UAB Ecoservice in acquiring a controlling interest in UAB Marijampolės švara

      TGS Baltic represented UAB Ecoservice, a waste management company, in the transaction with UAB ALGA on the acquisition of a controlling interest in UAB Marijampolės švara. After the closing, UAB Ecoservice has acquired 66.31% of the shares in UAB Marijampolės švara. The remaining shares are held by the Marijampolė Municipality and a natural person.

    • 18.06.2018

      TGS Baltic advised Koinvesticinis fondas on more than one-third-million-euro investment

      TGS Baltic advised KŪB Koinvesticinis fondas on investments exceeding EUR 300,000 in a successful start-up, Millo Appliances. Koinvesticinis fondas with other business companies and business angels overall invested more than EUR 450,000.

    • 07.10.2017

      TGS Baltic represented Fonterra in acquiring 10% of Rokiškio sūris shares

      The TGS Baltic team represented Fonterra, a global dairy company from New Zealand, in acquiring 10% of shares in Rokiškio sūris for EUR 7.1 million and becoming a strategic investor.

    • Advised a Scandinavian financial group

      Advised a Scandinavian financial group on the sale of a pension fund to INVL Asset Management, UAB, one of the largest asset management companies in Lithuania.

    • Advised JS Hamilton Poland (Enterprise Investors)

      Advised JS Hamilton Poland (Enterprise Investors) on the acquisition of shares in cargo supervision and inspection company Sekargas ir kompanija, UAB.

    • Advised Lietuvos geležinkeliai (Lithuanian railways)

      Advised Lietuvos geležinkeliai, AB (Lithuanian railways) on corporate and public procurement issues related to implementation of the Rail Baltica Global Project, part of which is to develop the missing high-quality physical infrastructure and logistical railway connections for passenger and freight transport between Finland, the Baltic States and other EU countries.

    • Acted as a legal adviser to the state enterprise Lithuanian Airports

      Acted as a legal adviser to the state enterprise Lithuanian Airports on a number of complex public procurement matters relating to the development of infrastructure projects, as well as other corporate and commercial matters, including a study in preparation for airport concession, change of legal form, payments to the Civil Aviation Authority.

    • Provided legal services to Lietuvos dujos

      Provided legal services to Lietuvos dujos, AB, Lithuanian operator of natural gas transmission and distribution systems and major supplier, on implementing the requirements of the EU Third Energy Package in Lithuania both in the process of adoption of national legislation and its amendments and in the process of actual unbundling of transmission, distribution and supply activities. 

    • Continuously advising a co-investment fund

      Continuously advising a co-investment fund which together with other private investors coinvests in start-ups and private Lithuanian companies developing their business. The fund is financed by EU and State funds

    • Advised Fuchs Petrolub SE

      Advised Fuchs Petrolub SE, an international manufacturer of lubricants and greases, on the acquisition of Statoil Fuel & Retail Lubricants business in Estonia, Latvia, and Lithuania.

    • Advised Lietuvos energija

      Advised Lietuvos energija, UAB on the creation of a joint venture with Fortum, UAB for construction and operation of a combined heat and power plant (project value EUR 147 million).

    • Advised Swedbank on the acquisition of Danske Bank personal banking business

      Advised the Scandinavian financial group Swedbank on the acquisition of Danske Bank personal banking business in Lithuania and Latvia (loan portfolio value c. EUR 600 million), as well as on the subsequent acquisition of a pension fund management company from Danske Bank and its merger with a Swedbank pension fund management company (EUR 2.2 million).

  • CV

    Professional career

    Since 2017
    Partner, law firm TGS Baltic
    2014 – 2017
    Associate Partner, law firm Tark Grunte Sutkiene
    2002 – 2014
    Associate Partner, professional law partnership Baltic Legal Solutions Lietuva
    2000 – 2002
    Lawyer, law firm Lideika, Petrauskas, Valiūnas ir partneriai
    1998 – 2000
    Lawyer’s assistant, law firm Lideika, Petrauskas, Valiūnas ir partneriai


    International Management Institute, AFW academy certificate (Certified Project Manager)
    Vilnius University, Faculty of Law, Master of Law


    Lithuanian Bar Association
    Lithuanian Young Bar Association