COBALT advised shareholders of TMB Group on selling its business to Consolis Group, one of Europe’s leading suppliers of precast concrete solutions.
Founded in 1961, TMB Group employs around 500 people and its annual revenues exceeded €120 million in 2017.
Consolis is a leading precast concrete solutions provider in Europe. The Group provides smart, durable precast concrete structures for the transportation, utilities and building sectors. The company has more than 11,000 employees in 22 countries.
Our work comprised of advising the client in all aspects of the transaction. The client was advised by partners Martin Simovart, specialist counsel Jesse Kivisaari and associate Liina Saaremets.