TGS Baltic has represented Bigbank subsidiary Ruutli Majad OU before the Estonian Competition Authority in merger control proceedings related to the acquisition of two agricultural holdings.
According to TGS Baltic, Ruutli Majad had previously acquired Abja Pold OU, engaged in cereal growing and grassland farming, and Abja Farmid OU’s enterprise, engaged in dairy farming.
According to a Ruutli Majad spokesperson, the Bigbank group has been involved in investing in the agricultural sector since 2020. "This experience has enabled getting to know the agricultural sector very well and, thus, entry into agricultural production to a larger extent is the next logical step."
"We are glad that we have been able to assist the client in implementing their business plans by helping to solve the legal procedures necessary for finalizing the transaction as smoothly as possible,” commented TGS Baltic Counsel Katri Paas-Mohando.
TGS Baltic’s team included Paas-Mohando, Counsel Triinu Jarviste, and Lawyer Hanna Maria Kokla.