EfTEN Capital Sells Kaunas Terminal for EUR 18.2 Million
Deal News | Feb 24, 2025 | CEE Legal Matters
EfTEN Capital, through its managed fund Kinnisvarafond II AS, has finalized the sale of the Kaunas Terminal, a substantial logistics complex measuring 28,737 square meters located within the Kaunas Free Economic Zone in Lithuania. The transaction was valued at EUR 18.2 million. Fort Legal represented EfTEN Capital in this sale, while Cobalt provided counsel to the buyer, the PREF IV fund managed by Prosperus Asset Management. This transaction underscores active engagement in the logistics sector within the region.
Sectors
- Logistics and Infrastructure
- Private Equity and Investment Management
- Legal Services
Geography
- Lithuania – The transaction involves the Kaunas Terminal located in the Kaunas Free Economic Zone, Lithuania.
Industry
- Logistics and Infrastructure – The sale involves Kaunas Terminal, a logistics complex, highlighting activities in the logistics and infrastructure sector.
- Private Equity and Investment Management – EfTEN Capital and PREF IV, managed by Prosperus Asset Management, are involved, classifying the deal within the private equity and asset management sector.
- Legal Services – The involvement of legal advisors like Fort Legal and Cobalt indicates relevance to the legal services industry.
Financials
- EUR 18.2 million – The sale price of Kaunas Terminal to PREF IV.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| EfTEN Capital | Seller | Company | EfTEN Capital is involved in investment and management activities, and sold Kaunas Terminal in this transaction. |
| PREF IV | Buyer | Company | PREF IV, a fund managed by Prosperus Asset Management, acquired the Kaunas Terminal from EfTEN Capital. |
| Fort Legal | Legal Advisor to Seller | Company | Fort Legal provided legal counsel to EfTEN Capital in this transaction. |
| Cobalt | Legal Advisor to Buyer | Company | Cobalt advised PREF IV during the acquisition of Kaunas Terminal. |
| Prosperus Asset Management | Asset Manager | Company | Prosperus Asset Management manages the PREF IV fund which purchased the Kaunas Terminal. |