TARK transaction team is advising Barrus, Estonian largest manufacturer of laminated wood components, on the acquisition of Baltiklaas, the largest manufacturer of glass packages, laminated glass and tempered glass in Estonia.
Barrus, Europe’s leading manufacturer of laminated wood components for windows and doors, is looking to expand and invest in its business in Estonia. For Saint-Gobain Eesti, the sale of Baltiklaas is linked to the group’s decision to exit the business of manufacturing and selling construction glass in various countries, including Estonia.
The transaction is subject to the approval of the Estonian Competition Authority, which is expected to be received in February.
TARK’s team advising the transaction includes Marit Savi, Tanel Tark, Tanel Küün, Katri Tšesnokov and Tarvi Salu.
