Sorainen advised Nordcurrent, the largest game development studio in the Baltic region, on acquisition of Ukrainian game development and animation studio Blam! Games Studios. After the acquisition, the Odessa-based company, currently employing 40 people, became the Nordcurrent Odessa office. The value of the transaction is undisclosed. Blam! Games Studios, established in 2009 in Ukraine, has […]
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. […]
Deals & Cases / Sergej Butov, Deimantė Pagirienė, Juliana Pavilovska
Sorainen is advising Elektrobalt and the Würth Group on the acquisition of Gaudrė, a leading company in the lighting solutions market in Lithuania. Elektrobalt together with W.EG. Eesti in Estonia and Baltikelektro in Latvia, represents the Würth Electrical Wholesale Group (W.EG) in the Baltic States. Serving customers in the residential, infrastructure and industrial markets, Elektrobalt […]
Sorainen advised Finland-based Oriola on the sale of its Baltic business to Oribalt Group, controlled by the management of Oriola Baltic subsidiaries. Completion of the transaction went public on 19 October 2017 when Oriola announced that in early August 2017 it had signed an agreement to sell its Baltic businesses. Oriola’s Baltic businesses comprise the […]
Sorainen advised Greentech, a leading plastic recycler in Europe, on establishing a cross-border joint venture for recycling PET (Polyethylene Terepthalate) packaging waste and in acquiring real estate as a site for planned operations. Greentech is part of the Green Group, the largest integrated recycling park in South-Eastern Europe, which has brought together six companies specializing […]
