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According to the announcements on the reorganization of “Baltijas auto centrs” and “Domenikss”, on June 15, the sole participant of the company has made a decision to reorganize the company by merging it with the acquiring company – “Domenikss”. As a result of the merger, Domenikss will become the successor of all the property and all rights and obligations of the Baltic Auto Center, but the Baltic Auto Center will cease to exist as a separate legal entity without liquidation proceedings.
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It has also been decided to conclude a reorganization agreement between the companies in accordance with the draft reorganization agreement concluded between the parties.
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As reported, in early December last year, a deal was concluded in which Veho bought Domeniks from the host Benita Danilenko.
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“Domenikss” financial data for 2021 are not yet available, but the company’s turnover in 2020 was 37.756 million euros, which is 17.8% less than a year earlier, but the company’s profit increases by 47.6% – to 1.569 million euros , information “Firmas.lv” shows. The company “Domenikss” was registered in 1997 and its share capital is 1.684 million euros.
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The turnover of “Baltijas auto centrs” in 2020 was 1.88 million euros, which is by 17.5% less than a year earlier, but the profit increased three times to 29,960 euros. “Baltijas auto centrs” was registered in 2001 and its share capital is 1.086 million euros.
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