COBALT advised Danone group on intra-group restructuring in Latvia

COBALT advised Nutricia on Danone intra-group restructuring in Latvia, incorporating Danone SIA into Nutricia SIA.

COBALT provided full legal support in the merger process, including the preparation and execution of the merger plan, covering corporate governance, employment law, tax and public procurement aspects.

The merger of the Latvian companies was part of a wider cross-border group restructuring in Scandinavia and the Baltic States, which was led by Danish law firm Bech-Bruun.

COBALT team was led by Partner Gatis Flinters and Senior Associate Marija Berdova and included Partner Sandija Novicka and Senior Associate Ivo Maskalāns.

Danone is one of the world’s leading food groups, producing dairy products, beverages, baby foods and medical nutrition products.