TRINITI advised on Finsaltas acquisition – the biggest Lithuanian insurance deal this year
TRINITI advised Compensa Life Vienna Insurance Group SE, one of the largest life insurance companies in Lithuania, which belongs to Vienna Insurance Group on a purchase of UAB Finsaltas.
Finsaltas is a longtime business partner of Compensa Life, as well as the largest insurance intermediary in Lithuania, which sells life insurance products of Compensa Life.
TRINITI conducted legal due diligence of Finsaltas, prepared the SPA, represented Compensa Life in negotiations, assisted in merger control proceedings with the Lithuanian Competition Council as well as advised on signing and closing of the agreement and all other legal issues related with this transaction.
The TRINITI transaction team was led by partner Linas Sabaliauskas, Head of Corporate and M&A.