We are pleased to announce that PwC has successfully concluded the sale of the most significant assets of STRABAG SIA in Latvia, with transactions executed with multiple local strategic investors. The sale process was organized in connection with the cessation of operations in Latvia of the road construction company STRABAG SIA.
The transaction was led by the combined PWC team from Austria and Latvia. "The sale was realized successfully by grouping company's assets and selling them to separate buyers. We are pleased with the result, as almost all assets found a new owner in Latvia," comments Raimonds Dauksts, Head of Advisory at PwC Latvia.
The combined PwC team was represented by the corporate finance consultants Gregor Zach, Maria Fujkova, Raimonds Dauksts, Gerds Ivuškāns, Vita Vilka, and Roberts Dobelis.