Cobalt has advised C.D Holding Internationale on its acquisition of Stebby from Livonia Partners.
French C.D Holding Internationale is a cooperative group connecting individuals, companies, and territories by developing management, relationships, and transaction platforms. It belongs to Up Group, a payment solutions and services company.
Stebby is the largest health & wellness platform in the Baltics. It was founded in 2012 and expanded to Latvia and Lithuania in 2020.
The Cobalt team included Partner Martin Simovart, Senior Associate Liina Saaremets, Specialist Counsel Kaarel Eller, and Junior Associate Ken Saksniit.
Cobalt did not respond to our inquiry on the matter.