Sodbeta shareholder sells 100% stake to Gilesta Group

New M&A transaction completed in Lithuania, where construction meets production. Sodbeta joins Gilesta Group following the sale of 100% of the company’s shares by its shareholder.

The transaction brings together capabilities from two connected parts of the construction value chain: Sodbeta’s precast concrete and ready-mix production used across residential, public and industrial construction, and Gilesta Group’s work across public infrastructure, industrial facilities and logistics complexes. 

WALLESS team, led by Partner Povilas Žukauskas and Associate Partner Šarūnas Basijokas, advised Sodbeta’s shareholder throughout the transaction, working alongside CONFIDENTUS, led by Gintautas Savarauskas, who acted as financial adviser to the seller. Congratulations to all parties involved!