TGS Baltic advised Micro Matic on acquisition of a land plot and factory buildings in Kaunas

05 / 16

TGS Baltic advised Micro Matic, which is a worldwide market leader in the supply of keg spears and dispense heads to the brewing industry, on acquisition of a land plot and factory buildings in Kaunas and also financing of the respective transaction.

The deal was complicated due to the fact that part of the assets to be acquired were leased to third parties. Alternative structures of the transaction were proposed (sale and leaseback, postponed transfer of ownership, etc.) until a final agreement was reached. Experts from TGS Baltic also advised Micro Matic on the terms of financing for the acquisition of the property and assisted the client in the negotiations with a bank. As a result, the client acquired necessary real estate at the final price of € 2.8 million.

Micro Matic, UAB is a member of the Micro Matic Group. The Micro Matic Group is a global supplier of total solutions for dispense beer and beverages with a turnover over € 182 million.

Associate Partner Donatas Zdanavičius and Associate Vytautas Šilinskas advised the client on all matters regarding this project. Associate Donatas Šliora advised the client on the financing of the above acquisition.