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Salling Group, the largest retailing group in Denmark, agreed to acquire RIMI Baltic which operates retail chains in Latvia, Lithuania and Estonia. With a valuation of EUR 1.3 billion, this marks the largest Baltic transaction during this decade. Sorainen partner Laimonas Skibarka comments: “This will be one of the largest investments in the Baltics to […]
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We advised Scope in the divestment of Miss Mary, the leading niche underwear business, to the Czech e-commerce platform enterstore. A journey of growth In 2018, we advised Miss Mary on establishing a partnership with Scope, a private equity fund, and have now come full circle, advising them on Miss Mary’s divestment. This journey exemplifies […]
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In last year’s Shared Mission project, we provided pro bono legal assistance to Submerge, a manufacturer of underwater drones. About Submerge Submerge has developed a dual-use underwater drone which can complete search and monitoring operations in conditions matching Latvia’s climate and obtain various types of data and information on the water ecosystem in real time. […]
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We are representing Pärnu real estate developer Parem Kallas against the Estonian state during proceedings at the European Court of Human Rights. The complaint is for compensation for damages caused by expropriation for an unreasonable duration (more than 20 years). Unprecedented legal battle In this unprecedented dispute, the ECHR has, for the second time in […]
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We represented banks-dealers in Lithuania’s issuance of two new Eurobond issuances: a €1 billion, 5-year bond and a €1 billion, 15-year bond. “Today, we have borrowed a significant amount, securing one-third of this year’s planned foreign borrowing. Additionally, for the first time since 2021, we issued a bond with a maturity of more than 10 […]
