Legal News July 2020

Deloitte Legal advised Lonas UAB on its investment in Dreamland Home OU and entrance into Estonian market

Vilnius, Lithuania – July 2020

Deloitte Legal Lithuanian and Estonian teams advised Lonas UAB, a leading manufacturer of mattresses and beds on its investment in Estonian entity Dreamland Home OU, retailer and wholesaler of bedroom products.

This transaction enables Lonas UAB to enter Estonian market through acquisition of a competitor. It is a first cross-border acquisition completed by Lonas UAB.

Deloitte Legal services included structuring of the transaction, assistance in drafting and negotiating transaction documents, coordination of Estonian and Lithuania legal advisors teams.

Seller ITIS Holding OU was represented by Kaevando & Partnerid.

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