Pohla & Hallmagi Advises Baltic Maritime Logistics Group on Acquisition of Stivis
Pohla & Hallmagi has advised the Baltic Maritime Logistics Group (BMLG) on its acquisition of Stivis OU, a company operating in the Port of Muuga in Tallinn, Estonia. The sellers were reportedly represented by Laus & Partners.
Established in 2000, the BMLG is a holding company engaged in strategic planning and financial management. The BMLG’s subsidiary and affiliated companies are engaged in freight forwarding, provision of ship and liner agency services, the representation of ocean container lines, chartering, organization of maritime, rail and road transport, and provision of port and stevedore services.
Stivis has been operating in the Port of Muuga since 1992. The company handles cargoes with, among other things, coal, mineral, and building materials, timber, sawn timber, metal and metal scrap, and mineral fertilizers.
The Pohla & Hallmägi team was led by partner Toivo Viilup.