We advised client on acquiring sole ownership of a Latvian retail company

We are pleased to announce that Skrastiņš & Dzenis acted as a legal adviser to a retail company in a capital share acquisition project.

The company in question is a part of well-known major retail brand name and is significant player in the Latvian as well as other European countries’ retail market.

A sale and purchase of remaining shares in share capital of a Latvian company was completed between former shareholders. Our client bought out remaining shares, thus, becoming the sole shareholder.

Skrastiņš & Dzenis advised the client on all major steps of the acquisition transaction from the start until the successful completion of the transaction. Our team inter alia carried out legal due diligence, negotiated and drafted respective share purchase agreement and other documentation. The team included senior partner Aivis Dzenis and associate Evija Ābele.