Indrė Vickaitė-Liatukė

Biggest deal in Baltics: TGS Baltic advised the buyer in the acquisition EECP Retail Properties II and III

TGS Baltic advised G.L.G. Projektai (which is owned by NDX Group and Galio Group) in the acquisition of 100% of the shares of EECP Retail Properties II and EECP Retail Properties III. The target companies operate 17 retail stores spread across 12 Lithuanian cities.

TGS Baltic advised Litgrid, the Lithuanian electricity transmission operator, on the acquisition of shares in Norwegian company TSO Holding

Our experts Aurimas Pauliukevičius and Indrė Vickaitė-Liatukė have advised Lithuanian electricity transmission operator LITGRID AB (“LITGRID”) on the acquisition of two 18.8% stakes of shares in Norwegian company TSO Holding AS (“TSO Holding”) (in total 37.6%) from Danish and Finnish energy transmission system operators, Energinet and Fingrid, respectively, and the subsequent sale of stake of LITGRID in TSO Holding to its parent company UAB EPSO-G (“EPSO-G”). The value of these transactions is approximately EUR 13 million.

TGS Baltic advised Green Genius, one of Europe's leading renewable energy companies, on acquiring a 85-MW wind farm in Lithuania

Our client Green Genius, an international renewable energy company, has signed an agreement to purchase 100% of the shares in the company having rights to develop85 MW wind farm in Lithuania. 

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 the shareholders of Medicinos Bankas on the sale of 100% of the bank’s shares

We advised Konstantinas Karosas and Western Petroleum Limited, the shareholders of Medicinos bankas on the sale of 100% of the bank’s shares to the purchaser AAA Capital.

TGS Baltic – together with White&Case – advised Avia Solutions Group on attracting EUR 300 million of investments from Certares Management LLC

We advised Avia Solutions Group (ASG), a leading global aerospace services group, on entering into a strategic partnership with investment specialist dedicated to the travel, tourism, and hospitality sectors Certares Management LLC (Certares) through a EUR 300 million structured equity investment in the Group.

TGS Baltic advised Akropolis Group on signing the transaction to acquire one of the largest shopping centres in Riga - Alfa

TGS Baltic advised Akropolis Group, the leading company for the development and management of shopping and entertainment centres in the Baltic States, which acquired one of the largest shopping centres in Riga, Latvia – ALFA, with the total area of 154,000 sq. m.

TGS Baltic advised Light Conversion on the sale of 25% of shares to 7-Industries

We advised the founders of Light Conversion, one of the world's leading manufacturers of femtosecond lasers, on the sale of 25% of shares to the Israeli based family office 7-Industries.

TGS Baltic advised founders of Strive, a North America focused technology company, on the sale of Strive Platform shares worth EUR 5,4 million

TGS Baltic team advised founders of Strive, a North America focused technology company, on the sale of Strive Platform shares worth EUR 5,4 million. Strive is backed by TG Lab, international iGaming technology and development company.

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 represented Hostinger and its shareholders in attracting an international investor which acquired more than 30 % of shares

We advised Lithuania-based Hostinger International, the world’s fastest growing web hosting company, and its shareholders, in attracting international investors.

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 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.

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.

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.

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

TGS Baltic advised on the transfer of UAB KS Investicija shares and on signing the biggest office space deal in the Baltics with UAB Tesonet

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.

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.

TGS Baltic advised S.A. Elemental Holding in the sale of 49% of shares in EMP Recycling

TGS Baltic advised S.A. Elemental Holding in the sale of 49% of shares in EMP Recycling to Foreign Expansion Fund, Closed-End Investment Fund of Non-Public Assets (FEZ FIZAN), which is managed by asset management company PFR TFI S.A.

TGS Baltic performed a study on minority shareholder protection

TGS Baltic performed a study on minority shareholder protection. The report of this study was introduced to the European Commission. The purpose of the study was to carry out an assessment of the EU Member States’ frameworks related to the minority shareholders. 

Drafted documents for transaction implementation

Drafted documents for transaction implementation, participated in carrying out legal due diligence for acquisition of shares in Sekargas ir kompanija by Hamilton Poland.

Mentored the legal due diligence process, drafted transaction documents for waste management company

Mentored the legal due diligence process, drafted transaction documents for waste management company UAB Ecoservice in the transaction with UAB koncernas ALGA for the acquisition of a majority interest in UAB Marijampolės švara.