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Castren & Snellmann has acted as legal adviser for the DT Group – the largest retailer and distributor of building materials in the Nordic region – in the company's acquisition of Puukeskus, Finland's leading supplier of timber and building materials to the trade and general public.


Tark Grunte Sutkiene has advised Estonian investors Indrek Prants, Sven Mansberg and Armin Koomagi in their purchase of the Rocca al Mare Sports Centre – one of Estonia’s largest tennis and fitness centers – from the Askembla Growth Fund.

The Estonian office of the Triniti law firm has advised the shareholders of Levira on the 100% share sale of the company's broadcast, media, and IT infrastructure services in Estonia, the Baltic States and Nordic Countries. 

Tark Grunte Sutkiene has advised the Enterprise Investors private equity and venture capital firm on the acquisition of 32.4% stake in Tahe Outdoors, the leading European manufacturer and distributor of high quality watersports equipment.


The Estonian office of the Borenius law firm has advised the Eastern Europe Real Estate Fund (EEREIF) on the sale of Telliskivi Loomelinnak to Butembo OU, which is owned by a Swedish Andren family. The value of the deal was EUR 4.8 million.


The Estonian office of Borenius has advised Kauppalehti and the Alma Media Corporation on the sale of 100 per cent of the shares of the Baltic News Service to the KOHA Capital venture capital company.

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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