Sorainen assisted Daugavpils Lokomotîvju remonta rûpnîca (DLRR), a company listed since 2001 and which provides repairs for rolling stock and subcontracts metalworking services, to delist its shares and exit the regulated market. The biggest company in the Baltic States that ensures repair of rolling stock, DLRR provides work for 640 employees and serves big companies […]
Sorainen advised insurance broker company Aon Baltic in acquiring 100% shares in Balto Link. This is the largest acquisition deal in the Baltic brokerage business in recent years. The acquisition was completed on 28 December 2017. Total value is not disclosed. Aon Baltic is the biggest insurance broker company operating in Estonia, Latvia and Lithuania. […]
Eurovia – a subsidiary of VINCI, a world leader in transport infrastructure construction and urban development, operating in 15 countries and with 38,000 employees – has acquired 68.75% shares in Saldus ceïinieks, a leading Latvian builder of road infrastructure. Saldus ceïinieks, established in 1991, specialises in road construction, extraction of aggregates and asphalt production. The […]
Sorainen advised the Foodout Group, a leading mobile and internet food delivery and takeaway startup in the Baltics, on its merger with Eda.ua, the largest Ukrainian food delivery startup. The combined company is due to start operating in Belarus shortly. The Foodout Group operates in six countries (Ukraine, Belarus, Lithuania, Latvia, Estonia and Iran) with […]
Sorainen advised Ringier Axel Springer Media AG on the local law aspects of its acquisition of 100% of the shares in CV Keskus, operator of leading job classified sites cvkeskus.ee in Estonia, cvmarket.lv in Latvia and cvmarket.lt in Lithuania. Established in Estonia in 2000, CV Keskus expanded to Latvia and Lithuania in 2004. CV Keskus has been […]