Baltic Maritime Logistics Group Acquires Stake in Kaarlaid
Deal News | Dec 10, 2024 | CEE Legal Matters
Baltic Maritime Logistics Group, a logistics company operating in both Europe and Asia, has acquired a 50% stake in Kaarlaid, a transport company. The transaction was advised by legal firms Pohla & Hallmagi, who acted for the buyer, and Your Office, who represented the sellers. Pohla & Hallmagi's team was led by Partner Toivo Viilup, while Mirjam-Mari Marastu, Managing Partner, led the team from Your Office.
Sectors
- Logistics
- Legal Services
Geography
- Europe – Baltic Maritime Logistics Group's operational base includes substantial logistics activities across Europe.
- Asia – The logistics company, Baltic Maritime Logistics Group, also operates in Asia, indicating the geographic scope of its services.
Industry
- Logistics – Baltic Maritime Logistics Group operates primarily in the logistics sector, handling transportation solutions across Europe and Asia.
- Legal Services – Pohla & Hallmagi and Your Office are law firms that provided legal advice, showcasing the relevance of legal services in M&A transactions.
Financials
- 50% – The percentage of shareholding acquired by Baltic Maritime Logistics Group in Kaarlaid.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Baltic Maritime Logistics Group | Buyer | Company | A logistics group active in Europe and Asia, focused on transportation and logistics services. |
| Kaarlaid | Target Company | Company | A transport company involved in the transaction, with a 50% stake acquired by Baltic Maritime Logistics Group. |
| Niverto | Seller | Company | The company that sold its 50% shareholding in Kaarlaid. |
| Pohla & Hallmagi | Legal Advisor to Buyer | Company | A law firm that advised Baltic Maritime Logistics Group in the acquisition process. |
| Your Office | Legal Advisor to Seller | Company | A law firm that represented and advised the sellers in the transfer of shares. |
| Toivo Viilup | Partner of Pohla & Hallmagi | Person | Partner at Pohla & Hallmagi, involved in advising on the acquisition. |
| Mirjam-Mari Marastu | Managing Partner of Your Office | Person | Managing Partner at Your Office, leading the team advising the sellers. |