Commercial, corporate and M&A

Ellex

The corporate and M&A team at Ellex is well-regarded in the market. Frequently representing sophisticated foreign buyers in key market transactions, the firm has been involved in some significant mandates. Recent engagements include a transaction involving a startup scale-up, M&A surrounding renewable energy projects, and real estate development transactions. With expertise in the technology and fintech startup sector, the team is able to provide innovative corporate and structuring advice to clients with such matters. The team benefits from the joint leadership of Rūta Armonė, who is experienced in corporate law and governance, as well as M&A transactions, and Ramūnas Petravičius, who focuses on energy and infrastructure projects.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘The work was complex due to the intricate nature of the transaction, involving both corporate and state aid elements, especially within the highly regulated energy sector. Ellex handled these complexities very well. Ramūnas Petravičius expertly managed the corporate and transactional aspects. The Ellex team was professional, quick to respond, and always made sure their legal advice fit our business needs.'
‘Over the past 12 months, Ellex has supported us in a major ongoing transaction, guiding us through every step, from due diligence to negotiations and drafting agreements. The team, led by M&A partner Ramūnas Petravičius, was key in navigating the complexities of the transaction. Additionally, our relationship with Ellex spans over 20 years, during which they have consistently supported us in various legal matters, further strengthening our trust in their expertise and reliability.’
‘The Firm is capable of assembling a team exactly suited for a particular case due to a variety of practices. Experience plays a major role in any assignment. The Firm has got solid experience to handle any case.’
‘Highly skilled professionals with solid business experience.’
'I would highly recommend Ellex for all business-related processes. Their client care is outstanding—proactive, and always available, and they make you feel confident in every decision. The advice they provide is clear, in human language, and they are incredibly approachable, even when you have the simplest or most trivial questions.'
'Special mention goes to Partner Paulius Gruodis, who has been incredibly helpful in all our corporate affairs. Paulius has remarkable negotiation skills that are essential in the M&A process, and he is very result-oriented. The most important thing for us is that he is not just a great lawyer, but he also deeply understands business processes and needs.'
‘Great team, we love working with them. Super responsive, friendly, and easygoing. We always get more than we expect from the Ellex team.’
‘Extreme dedication to the customer.'

Key clients

Coca Cola HBC
IKEA
KESKO group
Baltic Classifieds Group
ORLEN Lietuva
Gren
Teva Pharmaceuticals
Appsflyer
Hollister SSC Lithuania
Raglor OÜ

Work highlights

Advised Energize Ventures Fund II LP, a venture capital fund of Energize Ventures, on their Series B investment, which included drafting a comprehensive investment and shareholders’ agreement covering various complex aspects such as allocation of the invested amount; recruitment of top executives; Executive Stock Option Plans; share conversion in case of an IPO; liquidation preference; Anti-dilution clauses; and further management of the target company.
Advised Maag Group, a major player in the dairy and meat industry, on the acquisition of HKScan’s Baltic businesses, a large meat processing company in Estonia.
Advised its long-term client SBA group on a joint venture with EBRD for investments into real estate development – stock office campuses in Vilnius and Kaunas.