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TGS Baltic Assists Benu Aptieka Latvija SIA on Acquisition of SIA Cesu Vecpilsetas Aptieka

TGS Baltic Assists Benu Aptieka Latvija SIA on Acquisition of SIA Cesu Vecpilsetas Aptieka


TGS Baltic has assisted Benu Aptieka Latvija SIA, a chain of medicine retailers in the Baltics, on its acquisition of 100% shares SIA Cesu Vecpilsatas Aptieka, a pharmacy in Cesis, Latvia -- in the process expanding Benu's network to more than 66 pharmacies in Latvia.

According to TGS Baltic, "Benu Aptieka Latvija SIA is one of the leading retail of medicines chains in Latvia that unifies more than 66 pharmacies and that during the financial year 2016 had EUR 41.9 million turnover and 392 employees. For convenience of customers Benu pharmacies are located in all major shopping malls in Latvia – both in Riga, the capital, and also in the regions."

The firm's team was led by Partner Andra Rubene and Associate Rudolfs Vilsons.

Latvian 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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