Primus Derling has advised GrECo International Holding AG on the acquisition of an 80% stake in Uzdaroji Akcine Draudimo Brokeriu Bendrove Sagaut, an insurance and reinsurance brokerage company operating in Lithuania. SPC Legal reportedly advised Sagaut on the deal.
GrECo International Holding is a family-owned international company operating in the insurance markets of Middle, East, and South East Europe and providing insurance agency and brokerage services for a range of insurance types, a member of Austrian-based GrECo group.
The Primus Derling team included Partner Giedre Dailidenaite, and Senior Associates Greta Bagdanaviciute and Sarune Prankonyte-Segen.
