WIDEN advised the acquisition of Swiss Steel Group

January 31, 2024 News

WIDEN advised Jacquet Metals of France on acquiring Swiss Steel Group OÜ, an Estonian company active in selling steel products. This was a cross-border M&A transaction whereby Jacquet Metals acquired, in addition to the Estonian company, companies belonging to the same group in Lithuania, Latvia, Poland, the Czech Republic, Slovakia and Hungary.

Jacquet Metals is a European leader in distributing special metals, while Swiss Steel Group is another leading global provider of specialty steel solutions. WIDEN performed legal due diligence and prepared and coordinated transfer documents. Our team was additionally entrusted to lead and coordinate the processes of related corporate amendments in the Baltic States.

Our legal team included partner Kristi Sild and attorney Martin Nikolajev from Estonia, our Lithuanian colleagues Džiuginta Balčiūnė, Jolanta Borko and Lina Šikšniūtė-Vaitiekūnienė, and Latvian colleagues Liene Pommere and Anna Losane. At the European level, the process was led by Albéric Duhamel-Delattre and Pierre Deval Veil Jourde from France.