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Cobalt and Tark Grunte Sutkiene Advise on Sale of Sekargas Shares to J.S. Hamilton Poland

Cobalt and Tark Grunte Sutkiene Advise on Sale of Sekargas Shares to J.S. Hamilton Poland

Lithuania
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Cobalt has advised the shareholders of UAB Sekargas Ir Kompanija — a Lithuanian provider of cargo supervision and quality inspection services — on the sale of 70 percent of the company’s shares to J.S. Hamilton Poland S.A. Tark Grunte Sutkiene advised J.S. Hamilton Poland on the transaction, which closed in February following clearance by Lithuania's Competition Council and Commission for Approval of Conformity of Potential Participants to National Security Interests. The value of the transaction was not disclosed.

According to the terms of the deal, J.S. Hamilton Poland will be able to acquire the remaining 30% of Sekargas's shares in two to three years. 

J.S. Hamilton Poland started its quality inspection activity in 1989 in Gdynia and at present conducts its business throughout Poland and in Romania, Hungary, Croatia, Latvia, and Lithuania.

The Cobalt team was led by Partner Juozas Rimas, supported by Associate Mantas Juska.

The Tark Grunte Sutkiene team was led by Associate Partner Dalia Tamasauskaite-Ziliene, supported by Associates Giedrius Svidras and Indre Vickaite.

Lithuanian 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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