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Energix Group acquires 470 MW renewables project in Lithuania
We advised international renewable energy company Energix Group on the acquisition of 100% of the shares in Taupi energija from the Danish company European Energy. The acquired company is developing a 144 MW capacity wind park and up to a 330 MW capacity solar park in Jonava, Lithuania. As agreed, European Energy will develop the […]
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Gjensidige sells its business in the Baltics
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
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Straumann Group acquires Med Grupė’s businesses in the Baltics
We advised Straumann Group, a global leader in tooth replacement and orthodontic solutions, on acquiring Med Grupė, a distributor of dental products in the Baltic states. Following the completion of the transaction, Straumann will have its first subsidiaries in Estonia, Latvia and Lithuania, allowing the group to expand its business in this region further. Straumann […]
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2GIS invests in RocketData platform
We advised Data Delivery, the Belarusian developer of a platform for managing the online status and business reputation of RocketData.io, in connection with share acquisitions and further investment in the company by the mapping service 2GIS, which is part of the Sber group. During the first stage of the transaction, 2GIS acquired a 47% share […]
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Ministry of Antimonopoly Regulation and Trade approves acquisition of control over BeST by Turkey Wealth Fund
We assisted Turkey Wealth Fund (TWF) in obtaining approval from the Ministry of Antimonopoly Regulation and Trade of the Republic of Belarus for the acquisition of control over Belarusian Telecommunications Network CJSC (BeST), one of three Belarusian mobile network operators and a member of Turkcell group. Approval was requested in the context of the acquisition […]