UAB Avex kapitalas has acquired 100% of UAB SKINIJA

TEGOS client, UAB Avex kapitalas, has acquired 100% of UAB SKINIJA, one of Lithuania’s leading manufacturers of socks and tights – unlocking new opportunities for expansion, innovation, and international growth.

The transaction was financed by Sound Senior Private Debt Fund 1, managed by SOUND Asset Management.

As Vytenis Mažiulis, Head of UAB Avex kapitalas and SKINIJA, emphasized: “This marks a new and very important stage for SKINIJA and its entire team. The company is mature and has significant growth potential in both domestic and export markets. Our goal is to maintain the highest production standards at SKINIJA while actively investing in expansion, innovation, and the development of new products. We are sincerely grateful to the Sound Asset Management team for their trust in SKINIJA’s vision and growth opportunities.”

TEGOS Legal acted as legal advisor to the client, with the project led by Indrė Vickaitė-Liatukė and Aurimas Pauliukevicius together with Agnė Muznikaitė, and Meda Stankutė.