Corporate/M&A

TGS Baltic Advises TUV SUD on Acquisition of Carspect Group Holding

TGS Baltic, working with Gernandt & Danielsson and Lupp + Partner, has advised TUV SUD on its acquisition of Carspect Group Holding and its subsidiaries in Sweden, Estonia, and Latvia from IK Partners group company Arwen International and minority sellers. Sorainen reportedly advised IK Partners.

MMD Associates Advises Beam Global on Acquisition of Telcom

MMD Associates has advised Beam Global on its acquisition of Telcom.

CMS and DLA Piper Advise on Ecosio's Sale to Vertex

CMS has advised Ecosio on its sale to Vertex. DLA Piper advised Vertex.

RTPR and Stratulat Albulescu Advise on Sale of 123FormBuilder to Kiteworks

RTPR, working with A&O Shearman, has advised 123FormBuilder shareholders 212 Regional Fund II, Catalyst Romania, Florin Cornianu, and Adrian Gheara on the sale of the company to Kiteworks. Stratulat Albulescu advised Kiteworks.

Current Challenges Regarding the Exclusion of Shareholders in Limited Liability Companies

The exclusion of shareholders has been seen over the years as a specific procedure aimed at safeguarding companies, in case of a serious breach of the legal and contractual obligations of the shareholders or in case of events with legal effects on some shareholders – resulting in the loss of the “unanimous” consent expressed as affectio societatis (consisting in the shareholders’ intention to cooperate in running the business to achieve and share the benefits).

Walless and Cobalt Advise on Affidea Lietuva's Acquisition of Synlab Lietuva

Walless has advised Affidea Lietuva on its acquisition of the Lithuanian business of Synlab Lietuva. Cobalt, working with CMS' office in Germany, advised the sellers.