We advised Fincumet Group, a leading Finnish supplier of waste containers, in acquiring majority ownership of Estonian company Birger, Northern Europe’s largest producer of hooklift containers and related steel constructions. A step towards the future With this transaction, Fincumet acquired 60% of Birger, while former majority owner Aleksei Männiste retained 40% ownership and will continue […]
Deals & Cases
Our team advised venture capital fund Startup Wise Guys on investing in Lithuanian transport management system developer GoRamp. During this investment round, the company attracted investment of EUR 120,000; among other investors are venture capital fund Presto Ventures and business angel Gintautas Lukauskis. This is the second Startup Wise Guys investment in GoRamp – in […]
Deals & Cases
We are advising US company Rocket Software on opening a development centre in Vilnius. Founded in 1990 in Boston, Massachusetts, and currently employing 1500 people around the world, Rocket Software plans to hire more than 200 engineers and programmers in Lithuania in the next 2-3 years. Says Andrew Baldrian, VP of Engineering at Rocket Software: […]
We advised Bolt, the leading European transportation platform, on concluding a EUR 50 million quasi-equity facility agreement with the European Investment Bank (EIB), the European Union’s long-term lending institution. Bolt plans to invest this funding into improving and expanding our ride-hailing technology and personalised mobility services, like food delivery. The funding will also enable Bolt […]
We represented Latvijas Pārtikas Ražotājs (“LPR”), a well-known Latvian food and confectionery producer which developed the “Latvijas Labumi” trade mark, in a three-year dispute over issues of ownership of utilities needed for operation of LPR’s immovable property, a production facility. Essence of the dispute A court claim was brought against several defendants ‒ including LPR […]