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Tark Grunte Sutkiene advised Lietuvos Energija (Lithuanian Energy) on the acquisition of two companies – Eurakras and Tuuleenergia – that own wind farms in Lithuania and Estonia in two deals worth 28 million euros in total, marking the state-owned energy group's first investment abroad.
Two large-scale real property consolidation and sale projects regarding an area of 2 hectares in the centre of Vilnius have been completed successfully with the assistance of law firm Tark Grunte Sutkiene. The first project was successfully finished at the end of 2015 and the second one – in the beginning of 2016.
On December 2015 Gategroup reached an agreement to acquire 100% ownership in Inflight Service Group from funds advised by Triton, a private equity company in the Nordic region, at an enterprise value of SEK 1.1 billion.
EQT Infrastructure Fund sold the energy company Adven Group operating in Estonia, Finland and Sweden to a consortium consisting of the investment funds AMP Capital and Infracapital.
Tark Grunte Sutkiene has advised shareholders of Neptūno vandenys, one of the major mineral water producers in Lithuania, on sale of the company to Coca-Cola HBC, that is part of the global soft drinks giant Coca-Cola family.
Tark Grunte Sutkiene assisted Clear Channel International B.V. with the initial offering of $225 million aggregate principal amount of 8.75% Senior Notes due 2020.
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