We assisted Liwathon, an Abu Dhabi-based company which focuses on the logistics and storage of liquid fuels in niche global markets, in acquiring Vopak E.O.S, the largest independent oil products terminal operator in the Baltic region. Liwathon acquired all shares in the company, which will be renamed Liwathon E.O.S. Implementing strategy Says Gert Tiivas, CEO […]
Sorainen advised Linna Ekraanid on the sale of the remaining 50% of its shares to Ekspress Grupp. In 2016 Sorainen advised Kindel Reklaam, Unicorpo and Trend on the sale of their 50% shareholding in Linna Ekraanid to Ekspress Grupp. The purpose of the first acquisition was to create preconditions for Ekspress Grupp to set off […]
FinEst Bay Area Development signed a memorandum of understanding for EUR 15 billion in financing with China’s Touchstone Capital Partners for an undersea train tunnel project linking Helsinki with the Estonian capital Tallinn. FinEst Bay Area raised the first external funding of EUR 100 million from Dubai-based construction company ARJ Holding in December 2018 and is seeking […]
Sorainen has been appointed as legal advisor to tunnel project FinEst Bay Area Development. The tunnel will enable a safe, high-speed connection between Helsinki Vantaa Airport and Tallinn Airport. The aim is to complete the project in 2024, after which a 20-minute train ride between Helsinki and Tallinn will be available. The link will consist of […]
Sorainen advised A-Ülevaatust on its acquisition of Rael’s inspection stations. A-Ülevaatus is the biggest vehicle inspector in Estonia, operating in Tallinn, Tartu, Viljandi, Rakvere and Räpina. Says Andres Soots, A-Ülevaatus board member: “Together with the purchase-sale agreement we acquired the customer database as well”. He added that personnel will stay the same. The Sorainen advisory team […]