Sorainen, working with Horten, has advised Danish fish product producer A. Espersen and its Lithuanian subsidiary Espersen Lietuva on the sale of a fish processing plant located in the Klaipeda Free Economic Zone to Atlas Premium Lietuva. Cobalt advised Atlas Premium.
According to Sorainen, the transaction included the transfer of the plant’s real estate and equipment, as well as the majority of Espersen Lietuva’s employees to the new owner.
The Sorainen team included Partners Laimonas Skibarka and Algirdas Peksys, Counsels Raminta Karlonaite, Jonas Kiauleikis, and Gerda Skirbutiene, Senior Associates Julija Kirkiliene and Simona Stanciukaite, and Associates Airida Buzaite, Dominykas Kulakas, and Ryte Reciunaite.
The Cobalt team included Managing Partner Irmantas Norkus, Partner Arturas Kojala, and Specialist Counsel Sandra Sidoraite.