International automotive group Inchcape Motors acquired the assets of United Motors, becoming the exclusive distributor for BMW Group in Estonia. The business acquired serves customers of BMW Group and KIA, employing more than 90 people at retail sites in Tallinn, Tartu, Pärnu and Kohtla-Järve. The transaction received approval of the Estonian Competition Authority in June. […]
Sorainen advised Regus on leasing office premises with an area of 1,200 m2 at the Park Town business centre developed by MG Valda. Regus is the world’s largest provider of flexible workspace solutions, with a network of 3,000 locations in over 1,000 towns and cities, across more than 100 countries, serving 2.3 million members. Regus […]
Deals & Cases
Sorainen advised CPA®:17 – Global on the acquisition of a majority position in a joint venture with real estate investment vehicle “Baltic Retail Properties”. The portfolio includes eighteen retail stores and one logistics facility in locations throughout Lithuania, Estonia and Latvia. The assets are leased on a long-term basis to Kesko Senukai, a leading Do-It-Yourself […]
Sorainen assisted the Lithuanian Ministry of Finance in issuing two (ten and thirty–year) Eurobonds and borrowing EUR 750 million and EUR 550 million accordingly. The ten-year EUR 750 million Eurobond will have the lowest coupon in the country’s history at 0.95%. The Eurobond has been issued at a yield of 1.129% and an issue price […]
Lindström, one of Europe’s leading textile service companies with over 165 years of experience in the textile industry, has expanded its business in Latvia by opening a new factory in the town of Tukums. The factory will provide 120 jobs and goods produced there will mostly be exported. Sorainen advised the client in negotiations with […]
