Sorainen, in cooperation with Wolf Theiss Poland, assisted iCotton, a manufacturer of high-quality hygiene and cosmetic products, which is one of the industry leaders in innovation and has production facilities in Latvia and Poland, in obtaining financing from ALTUM capital fund (ALTUM Kapitāla fonds) worth EUR 10 million.
Obtained loan
The loan obtained will improve the company’s cashflow as well as facilitate its development by introducing new products from environmentally friendly raw materials.
Our assistance
We assisted the client in performing vendor legal due diligence, which enabled Altum to assess the transaction.
Project team
The Sorainen team and project was led by country managing partner Eva Berlaus and senior associate Natālija Šestakova.
