TGS Baltic represented the leading beverage producers and distributors SPI Group, including AS Latvijas balzams, in successfully ensuring the clearance of a complicated merger of strong integrated competitors with significant market shares in a large number of relevant markets.
After the merger clearance we continued assistance to the client on coordination of changes in the original transaction scheme, steps and timing notified to the LCC, ensuring the LCC’s adjustment to the new transaction scheme and implementation of the remedies determined by the LCC.