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TGS Baltic advised property lender EstateGuru in a cross-border financing transaction where EstateGuru provided a 1,6 MEUR loan to Finnish based printing house Libris Oy for purchasing real estate. With funding the platform’s largest ever loan in the country’s capital, the peer-to-peer platform entered in Finnish market.
Andra Rubene, Attorney at Law, Partner, Rūdolfs Vilsons, Associate, and Reinis Grunte, Associate, at TGS Baltic assisted BENU Aptieka Latvija SIA, one of the leading medicines retail chains in the Baltics, with acquisition of 100% shares of SIA Pils zaļā aptieka, a pharmacy in Jelgava, Latvia, from a private person, thereby expanding Benu network of 69 pharmacies in Latvia.
Estonian M&A team of TGS Baltic led by partners Kadri Kallas and Sander Kärson advised Euroapteek on the acquisition of Ülikooli Apteek pharmacy chain in Estonia. The transaction is subject to merger clearance after which Euroapteek will integrate 13 Ülikooli Apteek branded pharmacies to its network of 73 pharmacies.
TGS Baltic has successfully represented interests of a clinic providing private gynaecology services in litigation against the State Tax Inspectorate (the STI) after the latter ordered to prepare patients’ health files for a period of 3 years for tax inspection purposes. Objecting to such an order, the clinic addressed the court, requesting to cancel the order of the STI.
TGS Baltic assisted KnowledgePrice, a digital transformation services firm with the sale of their 100% shares to Sapiens International Corporation, a leading global provider of software solutions for the insurance industry.
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