COBALT advises Franklin Templeton Investments in acquisition of majority stake in SIA Storent Holding

In acquisition by the client of a majority stake in SIA Storent Holding, a leading Latvian construction and industrial equipment rental company with subsidiaries in the Baltic States and Scandinavia, COBALT acted as leading legal advisor coordinating and managing the transaction process in the Baltics and Scandinavia. COBALT performed legal due diligence of Storent group companies, received clearance from the competition authorities and represented the client’s interests in negotiations, drafted share purchase agreement, shareholders agreement and related transaction documents.