Mart
Blöndal
Specialist Counsel / Estonia
 
about

Mart Blöndal is a Specialist Counsel, specialising in European Union, competition law and state aid at COBALT Estonia.

Mart has advised clients in all areas of competition law, including merger control, dominance, and prohibited cooperation issues. In the field of state aid, Mart has advised clients on various complex state aid issues, including various proceedings with administrative bodies and the European Commission. In addition, Mart is focused on energy and information technology sectors.

Mart's work in advising clients has contributed to the creation of significant players in the Estonian market and the clarification of key state aid principles. In this way, Mart has contributed to the creation of Luminor as the first truly Baltic bank and represented the European Commission in the landmark Eesti Pagar case.

 
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Languages
  • Estonian, English, German


Membership & education
  • Estonian Bar Association (since 2017)
  • Master of Laws (LL.M) degree in European business law, Lund University, Sweden (2016)
  • Bachelor of Arts in Social Sciences (BA), law, University of Tartu, Faculty of Law, Estonia (2014)


Publications
 
experience
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  • 2021 — 07 — 06
    COBALT advised KMG Inseneriehitus and its shareholders in the acquisition of a 100% stake at YIT Teed
  • 2021 — 05 — 05
    COBALT advised Wolt in supervision proceedings of the Estonian Competition Authority
  • 2021 — 01 — 26
    COBALT successfully represented AS Tallinna Sadam in a civil dispute
  • 2021 — 01 — 07
    COBALT advised Nordic Aviation Group on entering into an 8 million euro revolving loan facility agreement with Sihtasutus KredEx
  • 2020 — 11 — 26
    COBALT advises Flügger on gaining the majority stake in Eskaro group
  • 2020 — 07 — 17
    COBALT assisted in obtaining the state aid authorisation from the European Commission
  • 2020 — 04 — 16
    COBALT advised Steel Import Finland Oy on acquiring FinEst Metallid
  • 2020 — 04 — 08
    COBALT advised Baltic Agro Machinery OÜ on the sale of John Deere business
  • 2020 — 04 — 07
    COBALT advised DA Agravis Machinery Holding on acquiring 55% of AS Konekesko Eesti
  • 2020 — 02 — 19
    COBALT advised Hansab Group on selling their stake in Moya OÜ
  • 2020 — 02 — 13
    COBALT advised SEB life insurance undertakings on cross-border merger in the Baltics
  • 2020 — 02 — 05
    COBALT represented the European Commission in major state aid cases in Estonian courts and Court of Justice
  • 2019 — 10 — 15
    COBALT advises Zeppelin Group on acquiring Baltic Marine Contractors
  • 2019 — 09 — 24
    COBALT advised Silberauto on selling its business in Estonia and Lithuania
  • 2019 — 09 — 16
    COBALT advised BP plc on a deal
  • 2019 — 05 — 17
    COBALT analysed compliance of activities of AS Eesti Teed with rules on state aid
  • 2019 — 05 — 06
    COBALT advises AS RAGN-SELLS on OSA project
  • 2019 — 05 — 03
    COBALT advised shareholders of TMB Group on selling a major part of its business to Consolis
  • 2019 — 04 — 18
    COBALT advises BaltCap Growth Fund on investing in Pihlakodu chain
  • 2019 — 03 — 18
    COBALT successfully represented UEFA
  • 2019 — 01 — 04
    COBALT advised Luminor on cross-border merger
  • 2018 — 12 — 18
    COBALT advised the majority shareholders of Baltic Media Holding on selling their shares to Havas
  • 2018 — 11 — 28
    COBALT advised European Diversified Infrastructure Fund II on investment in Utilitas, leading private Estonian energy group
  • 2018 — 08 — 06
    COBALT advised shareholders of TMB Group on selling its business to Consolis Group
  • 2018 — 08 — 01
    COBALT advised Alexela Oil on the acquisition of 220 Energia
  • 2018 — 07 — 04
    COBALT advised Luminor on obtaining ECB approval for cross-border merger in the Baltics
  • 2018 — 06 — 14
    COBALT advised Port of Tallinn on its IPO and listing on Nasdaq Tallinn Stock Exchange
  • 2018 — 03 — 27
    COBALT advises HHLA on acquiring Estonia’s biggest terminal operator Transiidikeskuse AS
  • 2018 — 02 — 23
    COBALT advises Luminor on reorganising its management structure
  • 2018 — 02 — 14
    COBALT advised Baltic Horizon Fund on acquisition of Postimaja shopping center
  • 2018 — 02 — 02
    COBALT advised Yliopiston Apteekki OY on selling its pharmacy chain
  • 2017 — 11 — 16
    COBALT advised BPM Capital on financing the investment of Tahe Outdoors
  • 2017 — 10 — 13
    COBALT advised DNB on the creation of Luminor – largest ever transaction in the Baltic banking market
  • 2017 — 02 — 23
    COBALT advises DAVA Agravis Machinery Holding on acquisition of 45% of shares in Konekesko Ltd