In spring 2019 Grant Thornton Baltic provided advisory services to Lithuanian company EUGESTA Latvian unit EUGESTA un Partneri SIA for purchasing KAFO Eesti OÜ. KAFO Eesti OÜ imports and distributes coffee and coffee making equipment in Estonia.
Grant Thornton Baltic advised EUGESTA un Partneri SIA in the following areas:
- conducting legal, financial and tax due diligence
- advising the acquisition of business
- advising the negotiations of the terms and conditions of the transaction
- drafting the notice for merger clearance.
Project was managed by Grant Thornton Baltic partner Eneli Perolainen, big contributions were made by our legal, tax and financial advisers Elis Vija, Aet Sallaste, Allan Kubu, Kristel Tiits, Sander Adamson and Mikk Mägi.
The transaction closed in June 2019 upon the receipt of merger clearance from the Estonian competition authorities.
Grant Thornton Baltic is a business advisory company operating in the Baltic states, supplying financial, legal, tax and business risk advisory services, audit, IT audit, data privacy and outsourcing services. The company is a member of the Grant Thornton international network. The network has 50,000 experts in more than 135 countries.