` Elīna Ločmele | COBALT

Elīna Ločmele

Senior Associate / Latvia


Elīna Ločmele is an expert in Tax, Corporate and Restructuring matters. She is an experienced member of COBALT team and has been involved in numerous complex tax, M&A and restructuring matters, as well as advised clients on lotteries and gambling regulation. Elīna has perfected her skills on a secondment with the law office in Helsinki.


  • Tax – Rising star, Legal 500 2024


  • Latvia, English, Russian

Membership & education

  • Latvian Bar Association (since 2005)
  • LL.M. in European Law, Riga Graduate School of Law (2004)
  • LL.B. in EU, International and Comparative Law, Summa Cum Laude, Concordia International University, Tallinn, Estonia (2003)

    COBALT advises BaltCap with exit sale of Vendon SIA

    COBALT advises BaltCap on sale of Uprent Group

    COBALT advises Altum investment fund in financing Primekss

    I Asset Management to develop a private student housing in Riga

    COBALT advises Treeland OÜ in the acquisition of a majority stake in Lido AS

    COBALT advised Levine Leichtman Capital Partners on acquiring Creditinfo

    COBALT secures SIA Lielzeltiņi win in the tax dispute with the State Revenue Service

    COBALT advises Entain in the public takeover offer for Enlabs AB

    COBALT advises Flügger on gaining the majority stake in Eskaro group

    Marguerite Fund has closed AS Conexus Baltic Grid share sale transaction

    COBALT advises Coffee Address Holding in acquisition of SIA Kafe Serviss

    COBALT advises Marguerite Fund on the sale process of 29.06% stake in Conexus Baltic Grid

    COBALT advised STADA Arzneimittel on the acquisition of Walmark

    COBALT advised funds advised by Apax Partners on acquiring the Baltic Classifieds Group

    COBALT advised Printify regarding implementation of Equity Incentive Plan in Latvia

    COBALT advises BaltCap on selling Fitek

    COBALT advised Vink Nordic Holding ApS on acquiring Proplastik

    COBALT advised Corum Origin in the acquisition of ELKO Group headquarters office

    COBALT advises BaltCap Infrastructure Fund in acquisition of biomass CHP in the Riga region

    COBALT advises AVS Verkehrssicherung GmbH on the Acquisition of KMK Projekts

    COBALT advised Kartesia on its investment in Groglass®

    COBALT advises on the sale of Runway BPO to Webhelp

    COBALT represents SIA Lielzeltiņi in tax dispute with the State Revenue Service

    COBALT advised HUGO BOSS on expanding its business operations in Latvia and Estonia

    COBALT advises managers of the Baltic entities of pharmaceutical wholesale company Oriola in management buy-out

    COBALT advised on sale of MTG Baltic subsidiaries

    COBALT advised DNB on the creation of Luminor – largest ever transaction in the Baltic banking market

    COBALT advised Korona Invest Fund in an investment to the digital agency Wunder

    COBALT advises BaltCap in acquiring of Selecta business operations in the Baltics

    COBALT provides general legal assistance to Snap Inc.

    COBALT represents AB Linas Agro in acquisition of fertilizer trade business

    COBALT advises AMIC Energy Management GmbH in the acquisition in the Latvian entity of SIA LUKoil Baltija R

    Advising the management of SEB Enskilda in the buyout of SEB Enskilda business in Estonia and Latvia to operate under the new brand name Superia

    We are driven by your recognition

    Elīna Ločmele is clear in communication, deadline oriented and submits high-quality advice and documents that do not need any further review and adjustments. Understands the client’s business needs and does not provide excessive general information that has no added value for the client.
    LEGAL 500 2021, TAX