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COBALT advises on the sale of a private eye clinic in Latvia


COBALT advised the owner of Latvian American Eye Center in the sale to a Latvian medical institution MFD Healthcare Group.

MFD Healthcare Group is one of the largest Latvian multi-profile medical institutions with experience in the field of healthcare and is engaged in providing both state funded and paid medical services.

Latvian American Eye Center is the first private eye clinic in the Baltic States that operates based on principles of patient care and state-of-the-art technology famous in the USA. It was founded by the American Professor John Joseph McDermott in 1993 and since then it has developed into a well-equipped and established world-class clinic in Riga.

COBALT advised the seller The John J.McDermott 2010 Revocable Trust in drafting the transaction documentation and represented the client within negotiations.

COBALT team was led by Partner Gatis Flinters with Associates Ivo Maskalāns and Marija Berdova.