COBALT office advised the management of SEB Enskilda in the buyout of SEB Enskilda business in Estonia and Latvia. The acquired operations will be continued under the new brand name Superia. The legal advisory team from COBALT included managing partner Dace Silava-Tomsone of Latvia.
SEB Enskilda Corporate Finance will focus its business on the Nordic and German markets and will withdraw from its activities in the Baltic countries. The Baltic corporate finance teams will continue operating in the market under different brands and ownership: AS Superia in Estonia, SIA Superia in Latvia and UAB Summa Advisers in Lithuania. SEB Enskilda has concluded cooperation agreements with them in order to be able to support transactions with a Baltic angle also in the future.