COBALT counselled the Estonian timber processing company Combiwood Invest in acquisition of a sawmill from Balcas, one of the major timber processing groups of Great Britain and Ireland.
The parties have agreed not to disclose the transaction value. The transaction was financed by Swedbank.
For the time being, Combiwood group comprises seven timber processing companies, including two more sawmills.
Our assignment comprised counselling the client in the course of the entire transaction, including preparation of documents and holding negotiations regarding the transaction.
From COBALT, the client was counselled by partner Peeter Kutman and senior associate Triin Ploomipuu.