Ellex has advised official Mercedes-Benz representative Veho Lietuva on its acquisition of Lithuanian auto body repair company Auto Bodyshop. The Juridiniai Sprendimai law office advised UAB Vitvela on the sale.
The Veho Group is a retailer and distributor of Mercedes-Benz passenger cars and Daimler commercial vehicles in Sweden, Finland, Estonia, Latvia, and Lithuania.
According to Ellex, the Auto Bodyshop, is "one of the largest auto body repair companies in Lithuania and the Baltic region."
Back in 2019, Ellex had advised the Veho Group on both the financing and the acquisition of Silberauto's enterprises in Estonia and Lithuania (as reported by CEE Legal Matters on September 26, 2019, and on December 19, 2019).
The Ellex Valiunas team included Partner Paulius Gruodis, Associate Partner Mantas Juska, Associates Ausra Abraityte, Kamile Skrupskyte, and Akvile Rudaityte, and Junior Associate Ruta Tamulionyte.
The Juridiniai Sprendimai team was led by Attorney at Law Rolandas Dzervus.