The shareholder of Adfactory Group sells part of the shares to Marahrens

Adfactory Group attracts German signage and advertising technology specialist Marahrens as its strategic partner. After the transaction, the current management will retain the majority shareholding in Adfactory.

Adfactory is one of the leading providers of advertising solutions in the Baltics, producing both illuminated and non-illuminated advertising solutions and custom furniture. Marahrens Group is an international family-owned business with more than 70 years of history, headquartered in Germany. Marahrens Group is involved in the production of advertisements, signs, and safety signage.

COBALT advised the client during the whole transaction, which included drafting and negotiation of documents.

COBALT’s team included Managing Associate Ott Aava and Associate Kerli Paasoja.