Home > Regions > Europe > TARK GRUNTE SUTKIENE advised Eesti Talleks on Škoda and Porsche car business sale transaction

TARK GRUNTE SUTKIENE advised Eesti Talleks on Škoda and Porsche car business sale transaction

Eesti Talleks AS and Semler Baltic OÜ, a subsidiary of the Danish Semler Gruppen, signed a contract on Tuesday for the sale by Eesti Talleks of a 50 per cent holding in the Adole Invest AS group. The group is composed of the importer and dealers of Škoda and Porsche vehicles. “Today we have reached an agreement to divest our share, which enables Eesti Talleks to focus on our strategic field of real estate development”, Taavi Toots, the chairman of the board of Eesti Talleks AS, commented.