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We assisted Tempur Sealy International, the world’s biggest bedroom furniture producer, in acquiring Bed Factory Sweden, the Estonian based Swedish bedroom furniture producer. This acquisition is expected to boost growth of production in Viljandi, Estonia, by 50 %. Increase in production According to Indrek Aasna, CEO of Bed Factory Sweden Estonia, the new owner will […]
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Sorainen Estonia advised Rent24, the leading international co-working and co-living solutions company headquartered in Germany, on acquiring a shareholding in Chasopys Europe OÜ. Rent24 is one of the largest German providers of co-working spaces offering its tenants not only a flexible and efficient workplace but also opportunities for networking with like-minded people. Chasopys Group is one […]
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Sorainen Estonia advised CTS Engtec on the purchase of SystemTest, an Estonian company supplying industrial and infrastructure projects with high-quality industrial automation systems, which it designs, produces and puts into operation. CTS Engtec provides engineering, project management and consulting services in the fields of energy, forestry, mining, petrochemicals and the chemical industry sector. Sorainen advised […]
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Poland’s industrial and investment Paged Group has purchased a 100% stake in Valmos, one of the largest Estonian producers of veneer, majority-owned by Kaamos Group. The Polish investor plans to support the company’s intensive development, including further investment in expanding production capacity and efficiency at Valmos’ production facility. “The decision to sell Valmos was a […]
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Sorainen is advising Home of Smart Energy on the sale of its Estonian and Latvian subsidiaries, 220 Energia, to the Alexela Group. 220 Energia is an electricity sales company based on Estonian private capital. “Alexela is a seller of electricity and gas very similar to 220 Energia, and merging in a single group will provide […]