We assisted Autolux in taking over the operations and administration of the Hertz franchise in Estonia, Latvia and Lithuania. Car rental company Autolux won the tender and became the exclusive Hertz franchise operator in the Baltic states as of 1 January 2019. Autolux completed the required preparations on time and effectively centralised and streamlined the […]
Tesonet, a cyber security solutions company, will lease premises at the former Sparta factory in Švitrigailos Street, Vilnius. The company will lease an area of 15,000 m². The office is expected to house 1,500 employees. So far, this is the biggest office lease deal in the current year. Tesonet is also investing approx EUR 50 […]
Deals & Cases / Mantas Petkevičius, Inga Macijauskaitė, Aurelija Daubaraitė, Evaldas Dūdonis, Agnė Sovaitė, Zane Paeglīte, Santa Rubīna, Alīna Kalviša, Isabella Barbara Tisenhusen, Nele Suurmets, Anneli Krunks
Sorainen advised Aon Baltic, the biggest insurance broker company in the Baltics, and Balto Link on their cross-border merger. Balto Link and its subsidiary in Latvia as well as Aon Baltic subsidiaries in Lithuania and Latvia were merged into Aon Baltic. The merger was completed on 2 November 2018. The merger was the final step […]
Sorainen advised NEPI Rockcastle on its acquisition of 100% of the shares in Ozantis, which owns the Ozas shopping and entertainment centre in Vilnius, from a company in the Hamburg-based ECE group. With an aggregate purchase price of EUR 124.6 million, this is one of the largest single property real estate investments in the Baltic […]
Sorainen cross-border team assisted global leading BPO and customer experience company Webhelp in the acquisition of the majority of the share capital of top multilingual nearshore firm Runway BPO. Runway, which is headquartered in Riga – Latvia, brings an additional nine multilingual centres and 1,000 people across Latvia and new countries for Webhelp; Estonia, Lithuania, […]