Major Forestland Acquisition In Latvia
| Published date | 17 January 2025 |
| Subject Matter | Environment, Real Estate and Construction, Environmental Law, Landlord & Tenant - Leases |
| Law Firm | Ellex |
| Author | Inese Freivalde, Filips Kļaviņ', Elīza Semkina and Ints Skaldis |
Following a share purchase agreement signed just a month earlier, on 13 December 2024 a highly regarded client of Ellex in Latvia closed the transaction that involved acquisition of over 8000 hectares of forestlands, situated in various parts of Latvia. The transaction involved acquisition of shares of two Latvian companies owned by a Swedish public investment fund.
The transaction value and details are confidential.
By investing into Latvian high-value forests, client's intention is to strengthen its...
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