Nordic Minds Offloads Majority Stake in TOKS to C Company

Nordic Minds has completed the sale of a controlling stake in Tolimojo Keleivinio Transporto Kompanija, an established Lithuanian intercity bus operator, to an entity named C Company. This transaction was facilitated by advisory services from Triniti Jurex, representing Nordic Minds, and Motieka, representing C Company. Comprising partners and senior associates, the teams from both legal firms brought critical expertise to bear in navigating the complexities of this transaction. TOKS, having played a pivotal role in Lithuania's passenger transport landscape by providing vital regional and international connectivity, marks a significant asset in the public transport sector. By shifting ownership, this sale may have potential implications for regional transport strategies and operations within Lithuania.