COBALT advised the Norwegian home textiles chain KID ASA as a local counsel on acquiring 100% of the shares in Hemtex AB from ICA Gruppen AB.

Hemtex AB operates 141 home textile and interior stores across Sweden, Finland and Estonia.

Our work comprised carrying out the legal due diligence regarding the Estonian stores and branch. The client was advised by partner Martin Simovart, senior associate Madis Reppo and assistant lawyer Helen Sool.

Photo source: Ülemiste center website