Advised on the sale of a leading Lithuanian food wholesale and catering business

Our team advised the investment group ŽIA Valda in the sale of a 50% stake in Pontem, the leading Lithuanian player in the wholesale of food products and public catering. The target (Pontem) is one of Lithuania’s growth leaders, accounting for 23.5% sales growth in 2013.

The shares were bought out by the other 50% shareholder of Pontem, UAB Martesa. The transaction was financed by the Lithuanian subsidiary of Norway’s financial services group DNB.

Our client ŽIA Valda is the only Lithuanian private investment group that has initiated the public offering of two of its portfolio companies at the Warsaw Stock Exchange, these being Avia Solutions Group and Agrowill Group.

Our firm advised on the overall structure of the deal, conducted post-due diligence clean up, drafted share sale and transaction documents as well provided legal support for acquisition financing by the buyer, and represented the parties of the transaction before the Lithuanian Competition Council.

Message was sent successfully

Send a message

    Submit
    Business law firm in Lithuania - Motieka
    Cookie Settings

    We use cookies to improve your experience and the performance of our site, to provide social media features and to analyse our traffic.

    Cookies are small textual files containing identifier that are sent by a web server to your web browser and are stored by the browser. The identifier is then sent back to the server each time the browser requests a page from the server.

    Cookies do not typically contain any information that personally identifies a user, but personal information that we store about you may be linked to the information stored in and obtained from cookies.