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TGS Baltic Advises HAVI Global Logistics with Buy-Out of Minority Shareholder of HAVI Logistics SIA

TGS Baltic Advises HAVI Global Logistics with Buy-Out of Minority Shareholder of HAVI Logistics SIA


TGS Baltic has assisted HAVI Global Logistics GmbH with the buy-out of the minority shareholder of HAVI Logistics SIA.

TGS Baltic describes HAVI Global Logistics, which as founded in 1974 and employs over 10,000 people, as "a global, privately owned company focused on innovating, optimizing and managing the supply chains of leading brands," and reports that, "offering services in supply chain management, packaging, logistics and recycling & waste, HAVI partners with companies to address challenges big and small across the supply chain, from commodity to customer."

According to TGS Baltic, "HAVI Logistics SIA is Havi logistics centre in Latvia that during the financial year 2016 had EUR 17 million turnover and 667 employees."

TGS Baltic assisted with reviewing and drafting the SPA, updating the shareholder register, and organizing and ensuring the registration of the transfer of title to the shares of SIA Havi Logistics from the minority shareholder to the majority shareholder Havi Global Logistics GmbH. The firm's team consisted of Partner Andra Rubene and Associate Reinis Grunte.

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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

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