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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 […]
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Aristocrat Digital invests in Neskin Games
We advised Aristocrat Digital, an Australian gambling machine manufacturer, in a strategic investment in Neskin Games, a game development studio based in Minsk, Belarus. “Investment in Neskin follows a long-standing development relationship including the successful launch of Big Fish Games’s recent new game EverMerge”, comments Michael Lang, CEO at Aristocrat Digital. A cooperation partner of […]