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Cobalt Advises Scope on Estonian Aspects of Lingerie Brand Acquisition

Cobalt Advises Scope on Estonian Aspects of Lingerie Brand Acquisition


Cobalt has advised the Jersey-based fund Scope Growth III L.P. on Estonian aspects of its acquisition of the lingerie brand Miss Mary of Sweden.

"Miss Mary offers world-class quality lingerie," according to Cobalt, which goes on to explain that "the company differs from other lingerie manufacturers by keeping the entire product life-cycle inside the company. The company was founded in 1957 in Boras, Sweden, where the design team, atelier and sample sewing department are located to this day. The products are primarily manufactured in Tallinn, Estonia."

According to Cobalt, "the Scope Funds invest in Nordic growth opportunities, partnering with organizations with a proven value added and a differentiated value proposition to create sustainable, growing companies. Scope manages two funds with a combined capital of 200 million euros."

The Cobalt team was led by Partners Martin Simovart and Marina Kotkas, Specialist Counsel Jesse Kivisaari, and Senior Associates Heleri Tammiste and Mattias Tammeaid.

Estonian Knowledge Partner

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

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