Sorainen is advising PPI Group on acquiring a site in Vilnius old town to develop residential buildings with commercial premises. Planned investment is approx EUR 20 million. PPI Group general manager Dominykas Jasilionis says that for the company this is by far the biggest residential project in the Lithuanian capital’s old town. Currently the company […]
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 […]
Sorainen advised travel planning tools provider KAYAK on acquisition of a business unit comprising employees and office equipment from software development company NFQ Technologies in Lithuania. The business unit comprises approx 40 engineers, who have worked as technology partners for KAYAK for several years. Upon completion of the transaction, the engineers will be employed by […]
Sorainen advised Baltic Horizon Fund, managed by Northern Horizon Capital, in listing its 5-year unsecured bonds on Nasdaq Baltic Bond List. The bond issue with a total value of EUR 30 million was a private placement carried through in spring 2018 and the Baltic institutional investors, mainly pension funds, asset managers, insurance companies and banks, subscribed […]
Sorainen assisted the retail footwear chain Batų kalnas in a case concerning illegal use of its trademark. The trademark was illegally used in a fraud on Instagram social network, when scammers set up a fake Batų kalnas profile and invited people to become influencers for the footwear brand. In order to stop illegal use of […]
