Divestment of Kelprojektas (LT) to Tyréns AB (SE) by BaltCap (LT) — Amount not disclosed

Carnegie acted as joint financial adviser to BaltCap, the leading dedicated private equity and venture capital investor in the Baltic states, in the divestment of Kelprojektas to Tyréns AB. Kelprojektas, based in Kaunas, Lithuania, is the largest transport infrastructure engineering consultancy group in the Baltic States. July 2018.