”Škoda Group” acquires shares in ”L-Ekspresis”
A major deal has been concluded in the Latvian railway and transport sector. Czech public transport manufacturer ”Škoda Group” has acquired a 36% stake in SIA
”L-Ekspresis”, a Latvian railway passenger transport maintenance and logistics company.
The investment aims to strengthen ”Škoda Group’s” presence in the Baltics and establish a strong railway maintenance and service hub in Riga for the entire region. For
SIA ”L-Ekspresis”, this partnership provides a solid foundation for future growth and development.
The WALLESS legal team provided full transactional support to the members of SIA
”L-Ekspresis”.
The transaction was led by WALLESS Partner Sintija Radionova and Senior Associate Baiba Krieviņa-Sutora.