Advising a wide range of local and multinational clients, Cobalt is highly active in a plethora of major M&A spanning from defence and aerospace to maritime, transportation, energy, and IT. The firm is also noted for its strong cross-border capabilities, assisting acquisitions both into and out of Lithuania. A highly experienced team, managing partner Irmantas Norkus has broad transactional, banking, and competition experience, as does partner Elijus Burgis . Heading the M&A practice group is corporate and private equity expert Juozas Rimas , meanwhile life science and EU pharmaceutical expert Zilvinas Kvietkus also supports. Akvilė Bosaitė, co-head of the banking and finance practice, is another notable expert on M&A.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team were very responsive and had good knowledge of the Venture Capital market in Europe and Lithuania.’

  • ‘Juozas Rimas led a competent team and was very responsive and great to deal with. Deimantė Pagirienė and Akvilė Bosaitė also provided competent support and it really felt like a unified effort.’

  • ‘We've worked with COBALT on a number of M&A deals over the years, and they always deliver exceptional service. Their Corporate and M&A team is second to none, and they have a deep understanding of the unique challenges and opportunities that arise in this space. We appreciate their responsiveness and attention to detail, and we know we can always count on them to provide the highest level of service.’

  • ‘We recently worked with COBALT's Corporate and M&A team on a complex transaction, and we couldn't have been more pleased with the results. Elijus Burgis, Irmantas Norkus and Juozas Rimas provided expert guidance throughout the entire process. Their deep knowledge of the industry and attention to detail helped us achieve our goals.’

Key clients

  • Highland Europe
  • Kongsberg Defence & Aerospace AS
  • AURELIUS
  • BEWI ASA
  • MEKO AB
  • Mid Europa Partners
  • Johnson & Johnson
  • Aviva
  • IBM
  • Adampolis Group
  • KJK
  • Repharm
  • STADA Arzneimittel
  • RS Group
  • European Energy
  • Novian Group
  • Avena Nordic Grain

Work highlights

  • Assisted RS Group in buying Distrelec Group from AURELIUS.
  • Advised the UK-based VC firm Highland Europe on its participation, together with VC firms Elephant and Energize, in a $100m Series B financing round of PVcase, a solar energy software startup.
  • Advised E energija on the sale to Ignitis Group of a wind farm with the expected capacity of 300 MW and the investment by Ignitis Group of around EUR 550m.

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Practice head

The lawyer(s) leading their teams.

Irmantas Norkus, Elijus Burgis, Juozas Rimas, Žilvinas Kvietkus

Other key lawyers

Deimantė Pagirienė, Akvilė Bosaitė