04
Fri, Dec
90 New Articles

Cobalt has advised the shareholders of the TMB Group on the sale of its Finnish and Latvian operations to the Consolis Group, a European supplier of precast concrete solutions, acting through is Finnish entity, Parma Oy. Ellex Raidla, acting with Finland's Krogerus and Sweden's Setterwalls law firms, advised the buyers.

Cobalt has advised the BaltCap Growth Fund on investing almost EUR 3 million of growth capital in Viru Haigla AS to expand the Pihlakodu chain of elderly care homes. As a result of the transaction, BaltCap will acquire a minority shareholding in Viru Haigla AS.

Cobalt has advised Nextclinics International GmbH on the acquisition of a 100% stake in reproductive medical services provider F-Est OU, the owner of the Fertility Clinic Nordic assisted reproductive technology clinic. The value of the deal was not disclosed.

Cobalt has advised the INVL Baltic Sea Growth Fund, the largest private equity investment fund in the Baltics, on the acquisition of its wholly-owned subsidiary BSGF Sanus of a 70% stake in the InMedica health care clinics chain from the Lithuania SME Fund. TGS Baltic advised the sellers on the deal, and financial terms were not disclosed.

Cobalt has advised London-based Vink Group, Europe’s largest semi-finished plastics distributor, on its acquisition of three Baltic companies, OU Proplastik, SIA Proplastik, and UAB Proplastik. TGS Baltic advised the Proplastik shareholders on the transaction. Financial details were not disclosed.

Cobalt at a Glance

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal.