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
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86cmFpbW9uZHMuc2xhaWRpbnNAZWxsZXgubHYiPnJhaW1vbmRzLnNsYWlkaW5zQGVsbGV4Lmx2PC9hPg==:xx

Filips Kļaviņš

Senior Partner

+371 6781 4848
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86ZmlsaXBzLmtsYXZpbnNAZWxsZXgubHYiPmZpbGlwcy5rbGF2aW5zQGVsbGV4Lmx2PC9hPg==:xx

Pēteris Dalderis

Partner

+371 6781 4848
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86cGV0ZXJpcy5kYWxkZXJpc0BlbGxleC5sdiI+cGV0ZXJpcy5kYWxkZXJpc0BlbGxleC5sdjwvYT4=:xx

Zinta Jansons

Partner

Head of Tax practice
+371 6781 4848
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86emludGEuamFuc29uc0BlbGxleC5sdiI+emludGEuamFuc29uc0BlbGxleC5sdjwvYT4=:xx
What's new in field
Ellex and Allen & Overy advise Blackstone on the acquisition of a majority stake in Luminor for EUR one billion
Read more

Key projects in the field

We advised AMD Holding on the sale of shopping centre DOLE to Hili Properties
08.01.2018
 
On December 2018 shopping centre Dole was acquired by Maltese-based property investment company Hili Properties from AMD Holding.
 
Dole is a the three-storey shopping mall with floor space of 8,000 square meters that houses more than 60 tenants, including Rimi, Olympic casino, Hesburger, Drogas and other retailers.
 
Prior to the transaction Norwegian company AMD Holding was the sole owner of shopping centre Dole. AMD Holding was founded in 2013 and is based in Oslo, Norway. The company owns and operates real estate properties.
 
Ellex Klavins provided full Latvian legal support to AMD Holding in this transaction. The client was consulted by Senior Counsel Iveta Ceple, Senior Associate Anna Misneva and Senior Partner Raimonds Slaidins.
We advised Baltic Retail Properties Latvia on a significant merger and reorganisation of its subsidiaries
31.08.2018
 
Ellex Klavins provided full legal service to Baltic Retail Properties Latvia in relation to merger with its three subsidiaries in Latvia, related reorganisation matters and registration of outcoming changes in public registers.
 
The engagement was successfully completed on August 2018.
 
Shareholder of Baltic Retail Properties Latvia is Lithuanian investment company Baltic Retail Properties which is licensed and has been partnered with the leading US REIT W. P. Carey, Rakauskas family and Kesko Corporation, and invests into retail real estate in Latvia, Estonia and Lithuania.
 
In Latvia the client was advised by Senior Associate Māris Brizgo and Senior Partner Raimonds Slaidiņš.
Ellex advised on a landmark insurance deal where GrECo JLT acquired the majority holding of IIZI Group
09.08.2018
 
Ellex advised GrECo JLT, the major risk and insurance manager in CEE, on the acquisition of a strategic stake (56.9462 %) in IIZI Group AS.
 
GrECo JLT is a family-owned company established in Austria in 1925 is employing close to 800 people and operating in 16 countries with 52 subsidiaries, including in Estonia since 2014 and in Lithuania through acquiring RHEA in 2008.
 
IIZI Kindlustusmaakler AS is the leading insurance retailing company in the Baltics, represented in Estonia, Latvia and Finland with more than 150 employees and 150 000 active customers. IIZI has stood out internationally with their innovative solutions being the indisputable market leader in its region for private customers, small and medium-sized companies and as a partnership solutions provider.
 
The customers of IIZI will in turn win from the extensive international experience of GrECo JLT. The main focus of GrECo JLT has been on providing corporate insurance brokerage services and consultations, therefore, the shareholding of JLT in the company enables access to a huge network of subsidiaries and partners all around the world.
 
After the transaction the executive management and current shareholders who have been actively involved in day-to-day operations of IIZI will continue as shareholders and managers of the company.
 
From Estonia Partner Sven Papp, Counsel Jaanus Ikla, Senior Associates Gerda Liik, Reet Saks, Associate Merlin Liis and Lawyers Kevin Gerretz, Mirko Kikkamägi advised on the transaction.
 
In Latvia the client was advised by Partner Pēteris Dalderis, Associate Anete Dimitrovska (leading the legal due diligence team), Senior Associate Andris Lazdiņš and Associates Beata Plociņa, Edvijs Zandars and Kaspars Oļševskis.
 
Read more about the deal here.