Espersen Sells Lithuanian Fish Product Plant to Atlas Premium
Deal News | Jul 07, 2025 | CEE Legal Matters
Sorainen, in collaboration with Horten, advised Danish fish product producer A. Espersen and its Lithuanian subsidiary, Espersen Lietuva, on the sale of their fish processing plant situated in the Klaipeda Free Economic Zone to Atlas Premium Lietuva. This transaction included the transfer of real estate assets, equipment, and most employees from Espersen Lietuva to the new owner. Cobalt acted as the legal advisor to Atlas Premium. The legal advisory team from Sorainen featured Partners Laimonas Skibarka and Algirdas Peksys, and included a range of counsels and associates. The Cobalt team advising Atlas Premium was led by Managing Partner Irmantas Norkus.
Sectors
- Food Processing Industry
- Legal Advisory
Geography
- Lithuania – The fish processing plant being sold is located in Lithuania, specifically in the Klaipeda Free Economic Zone.
- Denmark – A. Espersen, the seller, is a Danish fish product producer.
Industry
- Food Processing Industry – This industry involves processing raw food materials, packaging, and distributing them. The article discusses the sale of a fish processing plant, which is an integral part of this industry.
- Legal Advisory – The transaction discussed in the article involved legal advisory services provided by Sorainen and Cobalt, making it relevant to the Legal Advisory industry.
Financials
- N/A – The article does not provide specific financial details regarding the transaction.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| A. Espersen | Target Company | Company | A Danish fish product producer selling its Lithuanian subsidiary's plant. |
| Espersen Lietuva | Target Company | Company | The Lithuanian subsidiary of A. Espersen, involved in the sale of the fish processing plant. |
| Atlas Premium Lietuva | Bidding Company | Company | The buyer of the fish processing plant in Lithuania. |
| Sorainen | Legal Advisor to the Seller | Company | Provided legal advice to A. Espersen on the sale. |
| Cobalt | Legal Advisor to the Buyer | Company | Provided legal advice to Atlas Premium on the acquisition. |