Press Releases

The European Bank for Reconstruction and Development (EBRD) is lending EUR 15 million to ECSO, a leading Lithuanian producer of plastic granules, using 100 per cent recycled material.Ellex in Lithuania advised the EBRD in the various stages of this transaction – from the due diligence of the project in its initial stage to the signing of the loan documentation, especially safeguarding the lender’s interest while creating a complex local security structure ...

Financial Times has shortlisted Ellex for the "Most Innovative Law Firm in Europe" award. We are pleased to announce that our firm has been shortlisted in three categories regarding digital, diversity and health care projects. The awards, established by the Financial Times, highlight law firms and in‐house teams which are digitally advanced and use innovative approaches to deliver exceptional value to business and society. The award ceremony will take place on 13 October 2022 ...

Ellex was recognised, for the second year in a row, as the Baltic Law Firm of the Year at The Lawyer European Awards online ceremony held on December 1st, 2021. The award winners were selected in 24 categories by a high-level panel of judges which includes managing partners of international law firms and in-house lawyers of multinational companies. The awards, now in their 12th year, were the first of their kind to reward and celebrate excellence across the European legal market ...

PRESS RELEASE 22 September 2021 Rūta Pumputienė’s law firm, a leader in the specialised field of life sciences and regulatory practice in the Baltics, joins the law firm Ellex Valiunas (Ellex in Lithuania). This strategic merger was driven by the priority of both firms for the development of the life sciences sector and a significantly increased need for pharmaceutical and life sciences law ...

Ellex continues to receive a series of significant achievements! The most recent one is being recognized as the Baltic-wide Law Firm of the Year 2021 at the Chambers Europe awards. The online ceremony was held on Thursday, April 22. This award acknowledges the significant work by the integrated team of more than 200 Ellex experts and affirms our industry-leading legal services across the Baltics ...

Partners Group, a leading global private markets firm, acting on behalf of its clients has signed an agreement to acquire the Fortum district heating business in the Baltics for the total consideration on a debt- and cash-free basis of EUR 800 million. The transaction is subject to customary closing conditions and is expected to be completed in the second quarter of 2021. This will most likely be the biggest M&A transaction in the Baltics in 2021 ...

Despite the impact of COVID-19, the Baltic region in 2020 recorded 70 M&A deals worth a publicly-announced total of almost €1.2bn – a level of activity consistent, or even slightly above, the previous year, according to a new report published by Ellex in association with Mergermarket. The Baltic M&A Monitor provides analysis of M&A activity in 2020 in Estonia, Latvia and Lithuania, along with forecasts for the year ahead ...

The Board of the Bank of Lithuania granted WITTY GLOBAL, UAB an electronic money institution license authorizing it to issue electronic money and provide payment services indicated in the Republic of Lithuania Law on Payments: cash withdrawal from an account, credit transfers, issuance of payment instruments and processing of payments. The firm was advised by Ellex in Lithuania Banking and finance practice ...

Tier 1 Law Firm Review, the independent annual survey of law firms by the Swedish company Kantar Sifo, has showed that Lithuania’s business leaders consider the strategic and legal competences of Ellex Valiunas as unparalleled. Based on the latest data, the firm has placed at the top in the categories of Strategic Speaking Partner and Legal Competence ...

Bloomberg, an international financial news agency, has released its 1H 2019 Global M&A Market Review. According to the results, Ellex holds the dominant position in the Eastern European mergers and acquisitions market by having advised on a total number of 18 deals valued USD 846 million. In addition, Ellex is the only Baltic law firm ranked in the Nordic region deal table, indicating the most active mergers and acquisitions legal market players ...

For the fourth year running, Ellex has been named the top law firm in the Baltics by the independent Swedish market research company Kantar Sifo that has just announced its "Tier 1 Law Firm Review 2019". Ellex Valiunas has been also named as Tier 1 law firm in Lithuania by overall performance, legal competence and market standing. The survey "Tier 1 Law Firm Review" ranked the largest law firms in the Baltics and each Baltic country separately ...

A new partner Ieva Dosinaitė is joining the firm as of 10 December 2018. Ieva Dosinaitė, who is commended for excellent negotiation and analytical skills in financial transactions, acted as a trusted legal advisor for many international financial institutions, next-generation financial institutions, banks and Lithuania's largest business groups. Her high level of expertise has also been showcased in many projects strategically important for Lithuania ...

Ellex was awarded Baltic M&A Legal Adviser of the Year at Mergermarket’s prestigious European M&A Awards 2018 ceremony in London on Thursday, 6 December. Our Corporate/M&A partners Sven Papp, Raimonds Slaidins and Paulius Gruodis accepted the award on Ellex´s behalf at the ceremony. The award is Ellex’s fourth notable recognition received in 2018 ...

On October 4, the Financial Times announced the highly-anticipated results of its annual survey, the FT Innovative Lawyers Report, recognising Ellex as one of the 50 most innovative law firms in Europe. The Ellex circle of law firms stands out in the rankings as the only Baltic-based law firm selected in Northern Europe alongside well-known internationals such as Allen & Overy, Linklaters, Freshfields Bruckhaus Deringer, White & Case and others ...

On September 13, 2018 Luminor, one of the leading banks in the Baltics announced that it has entered into a new strategic corporate partnership with a consortium led by private equity funds managed by Blackstone (“Blackstone”). As part of the transaction, the consortium will acquire a 60% majority stake in the bank from its current owners Nordea Bank AB (“Nordea”) and DNB BANK ASA (“DNB”) for a cash consideration of €1 billion ...

For the third year running, Ellex has been named the top law firm in the Baltics by Kantar Sifo Prospera. The Swedish market research company interviewed 301 Baltic based organisations to identify the best law firms in the region. Ellex was top ranked in legal competences (Best Legal Competence - All Practice Areas) and overall satisfaction of clients (Overall Performance) ...

Ellex has adopted Luminance, one of the most advanced artificial intelligence (AI) platforms, which is widely deployed by law firms around the world. The sophisticated machine learning technology will greatly accelerate and enhance the firm’s contract review processes for M&A transactions. The platform will initially be incorporated in the operations of Ellex in Lithuania (Ellex Valiunas) ...

This has been a special year for Ellex Valiunas. We celebrated our 25th Anniversary and introduced numerous changes. In the beginning of the year we announced four new partners in Lithuania and one in Estonia, Ellex merged with Glimstedt in Latvia, we have recently issued a notice of the merger of Primus and our team in Estonia, and now, when the year is about to end, we are making yet another step forward in Lithuania ...

On 4 October 2017, the Financial Times announced the highly-anticipated results of its annual survey, the FT Innovative Lawyers Report, recognising Ellex as one of the 50 most innovative law firms in Europe. The Ellex group of law firms stands out in the rankings as the only Baltic-based law firm selected alongside well-known internationals such as Freshfields Bruckhaus Deringer, Allen & Overy, Linklaters, Slaughter and May, DLA Piper, Dentons and others ...

The leading international research company for the financial industry, TNS Sifo Prospera, released the results of its 2017 legal market research for the Baltic region. For the second year running, the Ellex circle of firms topped the rankings, emerging as the clear market leader for sophisticated clients looking for top-level legal services ...

At the Chambers Europe Awards ceremony held in London on April 7, the Ellex circle of leading Baltic law firms was named Baltic-Wide Client Service Law Firm of the Year 2017. This award recognises our continued commitment to providing our clients with the highest quality of legal services on a consistent basis. We are honoured to receive this award from the Chambers and Partners team as an acknowledgement of professional excellence ...

European private equity firm Bridgepoint and Swedish media group Bonnier Holding have agreed to sell Nordic Cinema Group Holding AB to the USA cinema chain MC Theatres. The acquisition would be completed at the deal value of approximately EUR 870 million. The transaction is conditional upon antitrust clearance by the European Commission, which is expected to be received in the first half of 2017 ...

International dealwatchers have announced M&A results for the year 2016. There is still seen a decrease in deal volume compared to 2015, however, according to Mergermarket the last quarter marked a high in dealmaking being the strongest quarter of the year in Europe. The Baltic State M&A market was led by Ellex, a circle of leading Baltic law firms, with the highest number of deals. Bloomberg has reviewed the total of 39 deals, Mergermarket – 23 and Thomson Reuters – 48 deals ...

Law Firm Valiunas Ellex enters the year 2017 with new additions to its team of partners. The firm’s new partners are Joana Baublytė-Kulvietė, expert in financial markets and regulatory law, Dovilė Greblikienė, expert in regulated industries and commercial law, Dr. Aistė Medelienė, expert in tax and customs law, and Laura Ziferman, expert in public procurement and PPP ...