COBALT advises Roche Latvija on the Acquisition of Medilink distribution business

COBALT advised Roche Latvija, fully owned subsidiary of Roche Group, on the acquisition of Roche diagnostics solutions and Sysmex haematology solutions distribution business from Latvian medical equipment distributor Medilink. Completion of the transaction is subject to the approval of Latvian Competition Council.

Roche Group is the world’s largest biotech company, headquartered in Basel, Switzerland, and active in over 100 countries and in 2017 employed about 94,000 people worldwide.

Acting as a legal advisor to Roche Latvia, COBALT advised in all stages of the transaction, including legal and tax due diligence process, drafting transaction documentation and assisting in negotiations and competition clearance.

The team included COBALT Latvia Partner Indriķis Liepa and Associate Ivo Maskalāns.