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Inter IKEA Group completes acquisition of the IKEA retail business in the Baltics
We advised Inter IKEA Group on its acquisition of the IKEA retail business in the Baltics. The purchase included three full-size IKEA stores, five additional smaller customer meeting points, the business’s e-commerce platform, and the Digital Retail Development company. Currently, the IKEA retail operations in the Baltics employ 1,450 co-workers, and 6.6 million people visited IKEA stores […]
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Sunly raises EUR 300 million to expand its production capacity
We advised Sunly, a renewable energy producer, on raising EUR 300 million from Scandinavian and French investors for the construction of solar, wind, storage, and hybrid parks with a total capacity of 1.3 GW. The investment will be used to build large-scale hybrid parks in the Baltics and Poland, contributing to the availability of renewable […]
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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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Bird & Bird updates the Baltic sections of its implementation tracker for the EU Whistleblower Directive
We are assisting global law firm Bird & Bird with the completion and updating of their implementation of the EU whistleblowing directive tracker regarding Estonia, Latvia and Lithuania. Our input is focused on giving a concise overview of how the different provisions of the directive have been transposed to national law and what choices Estonia, […]
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Helping Patria to enhance whistleblowing practices
Acting as local counsel in Estonia and Latvia through the Helsinki office of international law firm Bird & Bird, we are advising Patria, an international provider of defence, security and aviation life cycle support services, technology solutions and pilot training, on updating its group-wide whistleblowing guidelines and ensuring compliance with the EU Whistleblower Directive. International […]