Corporate M&A

Ellex Klavins is an expert in various transactions, especially those that are sophisticated in nature and present unusual circumstances. We bring in 26 years of experience to craft innovative and practical solutions in order to close a deal.
Our team has advised on numerous deals of importance in the local market and globally, both as an independent advisor and by working closely with the best law firms in Europe and internationally.
We support our clients in the daily life of their business with corporate governance and compliance and liability advice, however, we are most heavily relied upon in the crucial moments – in business structuring and restructuring, strategic changes, new directions and crisis response.
Our corporate services are used by local and multinational companies with operations in the region. Our lawyers are proud of their role as trusted advisors to the key decision makers of our corporate clients.
Key projects in the field

Key contacts

Raimonds Slaidiņš

Senior Partner

Head of Corporate and M&A practice
+371 6781 4848
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Filips Kļaviņš

Senior Partner

+371 6781 4848
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Pēteris Dalderis

Partner

+371 6781 4848
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Zinta Jansons

Tax Consultant
+371 6781 4848
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What's new in field
Ellex and Allen & Overy advise Blackstone on the acquisition of a majority stake in Luminor for EUR one billion
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Key projects in the field

Ellex advised Consolis Group on the acquisition of TMB Group's Latvian and Finnish operations
May 2019
 
Consolis Group, one of Europe’s leading suppliers of precast concrete solutions, will strengthen its position in Northern Europe and Latvia by acquiring a major part of TMB Group, one of the main producers of concrete elements in the Baltics and Finland.
 
Through this acquisition, Consolis reinforces its presence in Northern Europe and Latvia. Those activities benefit from the long-lasting experience of TMB Group which brings more than 50 years of industry expertise and specific capabilities in both residential and non-residential buildings. It operates in Finland through Betonimestarit Oy and in Latvia through TMB Elements SIA. The annual revenues of these local operations acquired by Consolis exceeded €100 million in 2018.
 
Ellex team was led by Partner Sven Papp and included Ellex Raidla Senior Associates Gerda Liik and Martin Maesalu in Estonia, and Ellex Klavins Partner Peteris Dalderis and Senior Associate Reinis Sokolovs in Latvia.
 
More information is available here.
We advised UnifiedPost Group on the acquisition of Fitek Holding
05.04.2019
 
Benelux’s company UnifiedPost Group acquired the Baltic-based Fitek Holding from the private equity fund BaltCap.
 
Ellex advised UnifiedPost Group on the transaction that enabled the creation of a major European FinTech player that is also one of the largest financial technology companies in Europe.
 
UnifiedPost Group, headquartered in Belgium, is one of Europe's leading FinTech companies that helps businesses to digitize and optimize their financial value chain. They provide a complete technology portfolio for identity management, document processing, robotic accounting and apps with added value.
 
Fitek is the market leader in the financial automation process. The company operates in Estonia, Latvia, Lithuania, the UK, Slovakia, the Czech Republic, Serbia and Bosnia and Herzegovina.
 
UnifiedPost was advised by Partner Sven Papp, Counsel Jaanus Ikla and Senior Associate Gerda Liik in Estonia, Associate Partner Sarmis Spilbergs and Associate Marta Cera in Latvia, Partner Paulius Gruodis, Senior Associate Mantas Juška and Arvydas Grušeckas  in Lithuania.
We advised SCHWENK on the acquisition of CEMEX assets
Ellex Klavins advised SCHWENK on the acquisition of CEMEX companies in the Baltics and Nordics for approximately €340 million.
 
The Latvian companies own and operate a cement production plant in Broceni with a production capacity of approximately 1.7 Mt, 4 aggregates quarries, 2 cement quarries, 6 ready-mix plants, 1 marine terminal and 1 land distribution terminal in Latvia.
 
The Lithuanian business includes a shareholding in the Akmene cement production plant in Lithuania, with a production capacity of approximately 1.8 Mt. The export business to Estonia is also part of the transaction.
 
The Nordic companies own and operate 3 import terminals in Finland, 4 import terminals in Norway and 4 import terminals in Sweden.
 
SCHWENK is a German building materials group founded in Ulm in 1847, which currently has multiple subsidiaries and holdings.
 
CEMEX is a global building materials company that provides high quality products and reliable service to customers and communities in more than 50 countries.
 
SCHWENK was advised by senior partner Raimonds Slaidins and associate partner Maris Brizgo