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Glimstedt and TGS Baltic Advise on Precia Molen's Acquisition of Milviteka

Glimstedt and TGS Baltic Advise on Precia Molen's Acquisition of Milviteka

Lithuania
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Glimstedt has advised Precia Molen on the acquisition of 100% of Milviteka UAB from its shareholders, who were advised by TGS Baltic.

Precia Molen, located in the Ardeche region of France, designs, manufactures, and sells weighing instruments. Milviteka UAB, based in Gargzdai, Lithuania, designs and manufactures bulk material handling equipment.

The Glimstedt team included Partner Ausra Maliauskaite-Embrekte, Senior Associates Jurgita Zakarauskiene and Arturas Tukleris, Associate Laura Tunkeviciute, Junior Associate Simona Butkute, and Expert Giedre Rimkunaite-Manke.

The TGS Baltic team included Partner Dalia Tamasauskaite-Ziliene and Associate Julija Skardziute.

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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

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