Citi Venture Capital International in Sale of Leading Russian Warehousing Operator

August 29, 2008

Cleary Gottlieb assisted two funds advised by Citi Venture Capital International (CVCI) in connection with Finnish Itella Logistics’ acquisition of leading Russian warehousing operator NLC (National Logistic Company) International Corporation, which closed on Friday, August 29.

Cleary Gottlieb also assisted CVCI in its investment in NLC in 2005.