Corporate M&A

Ellex Klavins has wide expertise in all M&A transactions, especially those that are sophisticated in nature and present unusual circumstances. Solutions that we offer reflect our extensive international experience, deep local knowledge and business acumen. Our team has advised on numerous important deals in the local market and globally, while our experts have acted as independent advisors or have worked with the best law firms in Europe. We are perfectly positioned to support the region's leading enterprises and emerging startups in their development.
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 Tax Consultant Zinta Jansons, Partner Peteris Dalderis and Senior Associate Reinis Sokolovs in Latvia.
 
More information is available here.
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
We advised Silverlake Axis Limited on the acquisition of X Infotech
On January 29, 2019 Silverlake Axis Ltd (SAL) announced the completion of the acquisition of SIA X Infotech Group (X Infotech).
 
We advised Silverlake Axis Ltd on the acquisition of 80% of the equity interest in SIA X Infotech Group and performed legal due diligence of SIA "X Infotech Group" and SIA "X Infotech", both private limited liability companies registered in the Republic of Latvia. Our experts consulted the client about transaction-related employment matters as well.
 
This acquisition brings together complementary product portfolios, business strategies and expands geographical presence to allow both entities to better support existing customer bases and pursue new customers.
 
Silverlake Axis Ltd is a leading provider of digital economy solutions and services to major organisations in banking, insurance, payments, retail and logistics industries. SAL has an impeccable track record of successful delivery of innovative and transformative solutions to its enterprise customers and their ecosystems.
 
SIA X Infotech is a global provider of software solutions for issuance and verification of electronic identity documents. The company is headquartered in Latvia with subsidiaries in Latvia and Kenya.
 
The client was advised by Senior Partner Raimonds Slaidins, Associate Partner Irina Kostina, Senior Associates Reinis Sokolovs, Andris Lazdins, Edvijs Zandars and Associate Kaspars Olsevskis.