Advised the sellers of SIA Pakella, a leading packaging distributor in the Baltics, during its acquisition process by Antalis, a worldwide leader in packaging distribution.
WALLESS advised the sellers of SIA Pakella, a leading packaging distributor in the Baltics, during its acquisition process by Antalis, a worldwide leader in packaging distribution.
Pakella, one of the leading experts in packaging materials in the Baltics, has three offices in Latvia, located in Riga, Liepaja, and Daugavpils, as well as branches in Lithuania and Estonia.
‘’Joining Antalis allows Pakella to expand its product portfolio and continue its development, thanks to a broader product range and new international customers,” stated Janis Murmanis, Member of the Board of Directors at Pakella.
WALLESS partner Sintija Radionova and Senior Associate Baiba Krieviņa-Sutora provided comprehensive support in the transaction process to the sellers of SIA Pakella.
On May 3, the Competition Council adopted a decision granting a merger permit for the transaction.