Lawin has advised the Finnish Lassila & Tikanoja (L&T) company, in its divestment of SIA L&T - the largest waste management company operating in Latvia. The transaction involved a sale of the shares of SIA L&T to SIA Bioinvest, a Latvian energy and utilities company.
The L&T group is a service company group that is working in environmental management and property and plant support services (and as a supplier of wood-based biofuels, recovered fuels and recycled raw materials). The group operates in Finland, Sweden and Russia, with 8,000 employees. L&T is listed on NASDAQ OMX Helsinki. Its net sales in 2013 amounted to EUR 668.2 million.
The Lawin team was led by Partner Liga Merwin and Senior Associate Ivars Slokenbergs.
