Acquisition of a leading car dealership in Estonia

Triniti

TRINITI Estonia advised Optigroup Invest OÜ, a company belonging to the OMX-listed Tallinna Kaubamaja retail group, in the acquisition of all shares of Viking Motors AS – a dealership for Opel, Saab, Corvette, Cadillac and Hummer cars and spare parts. As a result of the transaction the client added these popular brands to its existing portfolio of KIA motor vehicles.

Our M&A team consisting of Liina-Maarja Uuemõis, Ergo Blumfeldt, Ramil Pärdi, Mikk Põld and partner Tõnis Tamme advised the purchaser in carrying out the legal due diligence of the target company and its assets, negotiations with the sellers and composition of a merger notice to the Estonian Competition Board.