Advised on the sale of shares

Motieka & Audzevicius has advised an international investment firm on the sale of 100 per cent of shares in Litcargus, aircraft ground handling company, to the private equity fund Royalton Capital Investors II. Litcargus is one of the two licensed aircraft and passenger ground handling companies in Lithuania, which is the market leader at the Vilnius and Kaunas international airports.

The Motieka & Audzevicius team was uniquely positioned to advise in this deal, which involved share transfers through the use of overseas holding firm. “This transaction highlights our extensive geographical reach and our ability to operate in several jurisdictions. This enables us to represent our clients effectively in highly complex, multi-jurisdictional M&A transactions,” remarked partner Giedrius Kolesnikovas.

Tark Grunte Sutkiene, led by partner Marius Matonis and Deimante Korsakaite, acted for Royalton Capital Investors II. The fund is established in 2007, which currently holds one investment in Romania and regional investment in Poland, Czech Republic and Slovakia.

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