Cobalt, working with Bech-Bruun, has advised Danone company Nutricia on its intra-group restructuring by incorporating Danone SIA into Nutricia SIA.
According to Cobalt, the merger of the Latvian companies was part of a wider cross-border group restructuring in Scandinavia and the Baltic States.
Danone is a food group producing dairy products, beverages, baby foods, and medical nutrition products.
The Cobalt team was led by Partner Gatis Flinters and Senior Associate Marija Berdova and included Partner Sandija Novicka and Senior Associate Ivo Maskalans.