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According to the latest ranking of Accountancy Age Top 21 International Alliances and Associations 2022, GGI is the largest multidisciplinary alliance in the world. Amongst all alliances and associations (including pure accounting ones) the survey has strongly positioned GGI as number two worldwide by cumulated fee income.
Represented in 126 countries with more than 605 member firms, GGI has been ranked as number two worldwide. Against a background of continuing global economic uncertainty, the largest international networks, alliances, and associations across accountancy have maintained positive growth rates.
Every year, Accountancy Age publishes a survey of international accountancy networks, alliances, and associations — a well-regarded source providing readers with the latest picture of the international accountancy landscape. The Accountancy Age Top 21 International Alliances and Associations 2022 promotes excellence in the accountancy industry worldwide by ranking accountancy organisations by combined annual total income. Figures are collected from individual questionnaires, websites, and other publicly available material. The ranking was compiled based on data collected in Autumn 2022.
Penteris Partner Tomasz Kudelski, a pillar of the firm’s M&A/Corporate practice, has stunned colleagues and fellow lawyers with the news that he is releasing his debut solo album “Call the Distant”. The whole team at Penteris has already had a sneak preview of the whole album and they have been bowled over by the beauty of the music. There are not many people who take the opportunity to realise their dreams and Tomek has done just that. Congratulations, Tomek! “Call the Distant” will be officially released on 03 February 2023.
GGI member firmPenterisWarsaw, PolandT: +48 22 257 83 00Law Firm Services
Contact Tomasz
In December 2022 GGI member law firm Spigulis & Kukainis helped Latvia's largest food producer JSC Dobeles Dzirnavnieks to acquire AB Baltic Mill and two of its daughter companies, Latvia’s second largest grain processor, Rigas Dzirnavnieks, and Estonian company Balti Veski.
JSC Dobeles Dzirnavnieks is Latvia's largest grain processing and food production company. Its main activities are the production of all types of wheat flour, semolina, flour mixtures, pasta, cereal flakes, groats and animal feed.
Spigulis & Kukainis provided transaction structuring services and full legal services during the process of preparing of merger notification and submission to the Latvian Competition Council, which resulted in full approval of this merger; the firm also coordinated these processes in Estonia and Lithuania.
The transaction began in 2014, but transactions of this size require special caution in order not to violate national regulations in any way. Other law firms in Lithuania and Estonia also participated in this transaction, a process that was coordinated by Spigulis & Kukainis.
This transaction was very challenging both from the point of view of commercial law and competition law, especially because JSC Dobeles Dzirnavnieks bought AS Rigas Dzirnavnieks – its closest competitor in Latvia – and thus created a dominant position for the merged entity in several affected markets in Latvia. This transaction was also significant from the perspective of competition law because Latvian Competition Council for the very first time applied standards for the protection of a failing company under competition law according to the European Commission’s Guidelines on the Assessment of Horizontal Mergers (Horizontal Guidelines).
You can find more detailed comment from Competition Council of Latvia here.
Spigulis & Kukainis’ Partner Arturs Spigulis has specialised in competition law for more than 18 years, which is the main reason clients including JSC Dobeles Dzirnavnieks have trusted him for almost two decades.
Arturs Spigulis and his team are well known in the field of Latvian competition law and by Latvian competition law practitioners, and they have a great deal of experience regarding mergers and receiving approval for the same from the competition authority, as well as representing clients regarding various breaches of competition law.
Arturs has also represented clients in competition law matters before the European Commission, including submitting claims regarding abuse of dominant position and state aid, which continue to be reviewed today.
GGI member firmSpigulis & Kukainis Attorneys at lawRiga, LatviaT: +371 2613 8791
Contact Arturs Spigulis
During the annual M&A Conference by Brookz/DealSuite on 07 December 2023, Rudolph Snethlage (from GGI member firm TK TeekensKarstens) was recognised with the Best M&A Lawyer of the Year award. Rudolph was nominated by Brookz for this award which is based on visibility in the market, deals closed, etc. Votes are cast by firms affiliated with Brookz, and additionally, votes may be cast by clients and network members of the nominees.
Brookz, with more than 40,000+ affiliated entrepreneurs, investors and advisors, is now the largest acquisition platform in the Netherlands. Brookz is 100 percent independent and puts entrepreneurs, investors and advisors in direct contact with each other. In the past 15 years, more than 7,400 companies have been sold through Brookz – an average of 15 sales per week. In addition to the online platform Brookz.nl, Brookz organises two M&A conferences each year, and in December 2022 hosted the Mergers & Acquisitions Annual Congress, which featured the presentation of the M&A Awards. Each year, Brookz also publishes the Brookz 500, a complete annual guide of all M&A consultancy firms, investment companies and law firms in the Dutch M&A midmarket.
GGI member firm TeekensKarstens advocaten notarissenLeiden, The NetherlandsT +31 71 535 80 47Law Firm Services
Contact Rudolph Snethlage
