Ellex advises ZGI-4 Fund and GK Capital on the sale of Echoo Group to Nordomatic

Ellex in Latvia provided legal advice to ZGI-4 Fund and GK Capital in connection with the sale of Echoo Group, a leading Latvian building automation company, to Nordomatic.

This deal marks an important step in the growth story of Echoo Group, which joins Nordomatic – a global leader in smart and sustainable building automation solutions. The acquisition opens new opportunities for innovation, energy efficiency, and expansion across the Baltic region. 

Ellex in Latvia advised on all legal aspects of the transaction up to the closing. 

Experts involved: 

• Sarmis Spilbergs, Partner

• Evija Ābele, Senior Associate

• Kaspars Oļševskis, Senior Associate