Kronbergs Cukste Levin advised Eco Baltia on the deal.
As reported in CEE Legal Mater and in others online publications INVL Baltic Sea Growth Fund acquired a controlling stake in Eco Baltia.
The European Bank for Reconstruction and Development remained the second largest shareholder in the company with a 30.51% stake.
INVL Baltic Sea Growth Fund, managed by INVL Asset Management, aims to invest in mid-sized, attractive risk-and-return companies by providing them with capital for future growth.
The Kronbergs Cukste Levin team was led by Partner Vineta Cukste-Jurjeva (Picture) and Associate Santa Praulina.
Law Firms: Kronbergs Cukste Levin;
Clients: Eco Baltia;