TGS Baltic represented Lietuvos energija in sale of Duomenų logistikos centras

01
09 / 17

TGS Baltic advised Lietuvos energija on the deal of sale of shares in Duomenų logistikos centras to Telia Lietuva.

Marius Matonis, Partner, Dalia Tamašauskaitė-Žilienė, Associate Partner, and Andrius Voska, Associate at TGS Baltic, were main advisors to Lietuvos energijain this process on the deal related legal issues.

Duomenų logistikos centras sale process, that started last November, should be completed at the beginning of 2018, after a concentration permit is obtained from the Competition Council.

Lietuvos energija group is a state-controlled major energy group in the Baltic States. The main activities of the group include electricity and heat energy production, supply, trade in electricity and electricity distribution, trade in natural gas, natural gas distribution, also servicing and development of the electricity sector.

Duomenų logistikos centras provides services of data transmission and data centres. In four Lithuanian cities, the company holds 7 data centres, including DataINN. Duomenų logistikos centras also provides data transmission services both in Lithuania and abroad, together with partners it holds the international data transmission networks Baltic Highway and Baltic Optical Network.