Marius Matonis

Marius Matonis

Executive Partner
Vilnius, Lithuania

All of the most influential and prominent international legal directories The European Legal 500, Best Lawyers International, Chambers and Partners, IFLR 1000, publishing annual independent rankings of law firms, recommend Marius as an excellent professional in mergers and acquisitions, commercial law areas. Marius led teams of lawyers dealing with the majority of the largest projects with a total value of almost EUR 1 billion

  • LEGAL500
  • CHAMBERS GLOBAL
  • CHAMBERS EUROPE
  • About

    Marius Matonis is the Executive Partner at TGS Baltic with more than 19 years of experience in the area of mergers and acquisitions and has been the Baltic team leader for most of the firm’s M&A transactions. Marius is listed as a leading M&A expert by all major international legal directories, like Legal 500, Chambers Europe and Chambers Global, ILFR1000, Best Lawyers International.

  • Major Projects
    • 22.08.2019

      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

      The former Sparta factory in Vilnius is planned to be transformed into a technology campus where the Baltic IT businesses will be established. TGS baltic colleagues Julija Skardžiūtė, Indrė Vickaitė-Liatukė, Marius Matonis, and Dainius Stasiulis advised on the transfer of UAB KS Investicija shares and on signing the biggest office space deal in the Baltics with UAB Tesonet.
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    • 15.05.2019

      TGS counselled UAB Skandia Operations Center

      TGS counselled the client on various employment law matters (such as employee remuneration issues, incentives, dismissals, etc.). 
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    • 15.05.2019

      TGS Baltic advised Headex Group

      TGS Baltic advised the company on the status of agency employees and posted employees, also provided full scope legal assistance re change of the employment model, applicable with regard to the posted employees, prepared all related documentation (including, but not limited to, a new wording of the employment contract, various consents, orders, etc.). 

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    • 14.02.2019

      TGS Baltic advised UAB XXT, controlled by UAB M.M.M. projektai

      TGS Baltic advised UAB XXT, controlled by UAB M.M.M. projektai, on selling the S7 office complex to Eastnine, a Swedish investment company. The transaction is a record transaction in the office real estate segment in the Baltic States and by far the largest acquisition of commercial real estate in recent years.

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    • 24.01.2019

      TGS Baltic advised UAB EUGESTA in acquiring a majority interest in UAB Armavista

      TGS Baltic advised UAB EUGESTA, one of the largest international distribution companies in the Baltic States, on the acquisition of a majority interest in UAB Armavista.

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    • 28.10.2018

      TGS Baltic represented Lithuania SME Fund in the sale of InMedica shares

      TGS Baltic represented Lithuania SME Fund and Litgaja in the sale of 70% stake of InMedica chain of primary health care centres to BGSF Sanus, a company wholly owned by INVL Baltic Sea Growth Fund (a private equity fund of INVL Asset Management).

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    • 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.

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    • 20.08.2018

      TGS Baltic advised Livonia Partners in the acquisition of UAB Freor LT’s stake

      TGS Baltic advised Livonia Partners, a private equity investment firm, in the acquisition of a 33% stake in UAB Freor LT from Mezzanine Management.

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    • 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.

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    • 20.04.2018

      TGS Baltic represented KS Investicija in acquisition of Vilijos parkas

      TGS Baltic advised KS Investicija in conclusion and closing of the transaction of acquisition of 100 percent of shares in company Vilijos parkas, which controls a logistics center, from the commercial real estate development company Ogmios grupė.

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    • 05.01.2018

      TGS Baltic has been a strategic legal advisor to Euroapotheca in purchasing Apoteksgruppen

      TGS Baltic has been a strategic legal advisor to UAB Euroapotheca, a Baltic and CEE pharmacy retail and wholesale group, in purchasing a major Swedish pharmacy chain Apoteksgruppen from the Kingdom of Sweden. The value of the transaction was over EUR 171 million.

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    • 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.

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    • 28.09.2017

      TGS Baltic represented Litcapital I in sale of shares in Brolis Semiconductors

      TGS Baltic lawyers advised the venture capital fund Litcapital I in the sale of 85 percent of shares in semiconductor laser company Brolis Semiconductors to Brolis Group.

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    • 27.07.2017

      TGS Baltic represented Lietuvos energija in structuring an innovation fund

      TGS Baltic represented Lietuvos energija in structuring the first in the Baltics specialized corporate risk capital fund, also in coordinating all fund establishment related documents with the selected fund manager Contrarian Ventures. 

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    • 05.07.2017

      TGS Baltic represented Baltcap Infrastructure Fund

      TGS Baltic represented BaltCap Infrastructure Fund (BInF) that signed an engineering, procurement, and construction (EPC) contract with Axis Technologies for developing a BInF-financed project – a biomass plant in Vilnius, near Gariūnai.

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    • 17.11.2014

      Transaction of transfer of ERGO Life Insurance pension funds of the 2nd pillar successfully closed

      TGS Baltic acted as a legal advisor to ERGO Life Insurance SE in structuring and implementation of the transaction of transfer of the 2nd pillar pension funds managed by the company in Lithuania to UAB DNB Investicijų Valdymas.

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    • TGS Baltic as the sole legal advisor to 4energia, the largest Baltic wind farm developer

      Since 2005 TGS Baltic, as the sole legal advisor to the largest Baltic wind farm developer 4energia, has advised the client on all legal aspects regarding development of multiple wind power parks in Western Lithuania. 

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    • Advised SEB Venture Capital, a venture capital vehicle of SEB, and its subsidiary UAB Cgates

      Advised SEB Venture Capital, a venture capital vehicle of SEB, and it's subsidiary UAB Cgates in acquiring a 100% stake in UAB Mikrovisatos TV, a major provider of pay TV services in Lithuania.

    • Advised AB Invalda

      Advised AB Invalda, a majority shareholder, in the merger of AB Tiltra Group, a regional road construction group Lithuania, with Trakcja Polska SA, the leading rail infrastructure construction group in Poland. With the value of EUR 400 million, the transaction was one of the largest М&A deals in the region and unique in its structure.

    • Advised Valeant Pharmaceuticals International, Inc.

      Advised Valeant Pharmaceuticals International, Inc. on the acquisition of a controlling stake in AB Sanitas, a publicly-traded specialty pharmaceutical and branded generics pharmaceutical company based in Lithuania. The transaction was valued at EUR 314 million and was the biggest transaction in Lithuania for years.

    • Advised a private equity investor

      Advised a private equity investor in connection with the contemplated acquisition of Finasta, a private bank in Lithuania and Latvia, and Snoro lizingas, a financial leasing services company.

    • Represented a subsidiary of UAB Malsena Plius, one of the biggest and advanced grain processing industrial groups in Lithuania

      Represented a subsidiary of UAB Malsena Plius, one of the biggest and advanced grain processing industrial groups in Lithuania, in acquiring Rīgas Dzirnavnieks in Latvia. Rigas Dzirnavieks is a grain processing leader in Latvia and prior to the acquisition was part of the Lantmännen group. Following the acquisition, UAB Malsena Plius became the largest flour producer in the Baltics.

    • Advised Baltic Champs

      Advised Baltic Champs, a major producer of cultivated mushrooms in the Baltic States, in structuring and implementing the merger with AB Agrowill Group, a major agricultural goods producer listed in the NASDAQ OMX Vilnius and the Warsaw Stock Exchange.

    • Advised AB City Service in selling UAB Ecoservice

      Advised AB City Service in selling UAB Ecoservice, the biggest waste management company in Lithuania, engaged in the collection, transportation and processing of secondary raw materials and household waste. 

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    • Advised FR&R Invest IGA S.A.

      Advised FR&R Invest IGA S.A., a Luxembourg-based restructuring unit of Swedbank and the largest shareholder of Alita on the sale of the majority interest in Alita to UAB Mineraliniai vandenys.

    • Advised MCI Management

      Advised MCI Management, a Polish equity capital investment company, on the acquisition of a majority shareholding in Pigu.lt, the e-commerce leader in the Baltic States. The Pigu group consists of UAB Pigu and its subsidiaries SIA Pigu Latvia and OÜ DLB Trading. The group has leading positions in the e-commerce market in Lithuania and Latvia.

    • Advised AB bankas Snoras

      Advised AB bankas Snoras, a collapsed commercial bank, on the sale of EUR 169.7 million Snoras loan portfolio to an international investor consortium composed of investment funds registered in Luxembourg and Deutsche Bank AG.

    • Advised the Scandinavian financial group Swedbank

      Advised the Scandinavian financial group Swedbank on the acquisition of Danske Bank personal banking business in Lithuania and Latvia and the transfer of its services to Swedbank.

    • Advised shareholders of Neptūno vandenys

      Advised shareholders of Neptūno vandenys, one of the major mineral water producers in Lithuania, on the sale of the business to Coca-Cola HBC, that is part of the Coca-Cola family.

    • Advised Lietuvos energija in acquiring Eurakras and Tuuleenergia

      Advised Lietuvos energija in acquiring Eurakras and Tuuleenergia managing wind farms in Lithuania and Estonia respectively. The value of the transactions was over EUR 28 million; this was the first investment of the State-owned company abroad.

    • Represented BaltCap Infrastructure Fund (BInF)

      Represented BaltCap Infrastructure Fund (BInF) that acquired a 100% stake in a biomass plant development company and signed an engineering, procurement and construction (EPC) contract with Axis Technologies for further development of the 48MW biomass plant in Vilnius, near Gariūnai. EPC contract value: EUR 16 million.

    • Advised and represented Storebrand, a Norwegian financial services company

      Advised and represented Storebrand, a Norwegian financial services company managing more than NOK 620 billion in assets, on the sale of a Lithuanian subsidiary to Cognizant Worldwide Limited. Cognizant bought a 66% stake in the Lithuanian company from Storebrand in 2016, and the remaining 34% stake in 2018, becoming the sole shareholder in the company.

  • CV

    Professional Career

    Since 2018
    Executive Partner, law firm TGS Baltic
    2010 – 2017
    Partner, Head of Lithuanian M&A practice group, law firm Tark Grunte Sutkiene
    2006 – 2010
    Partner, law firm Sutkienė, Pilkauskas ir partneriai
    2003 – 2006
    Associate, law firm Sutkienė, Pilkauskas ir partneriai
    1999 – 2003
    Trainee, Vilnius office of the USA law firm McDermott, Will & Emery

    Education

    2002
    Vilnius University, Faculty of Law, Master of Law

    Membership

    Lithuanian Bar Association
  • Publications