COBALT advised an international agricultural company AB Linas Agro Group, controlling 45.05 per cent of shares in UAB Jungtinė ekspedicija, on the acquisition of the remaining shareholding in the company. The transaction is subject to approval from the Competition Council. UAB Jungtinė ekspedicija, which provides cargo carriage and agency services to any types of vessels in Klaipėda port, is an important link of international trade for AB Linas Agro Group.
COBALT work included the preparation of transaction documents, assistance in merger clearance and other consultancy. The team was led by Managing Associate of COBALT Akvilė Bosaitė.