Deals & Cases / Toomas Prangli, Isabella Barbara Tisenhusen, Jānis Bite, Viktorija Cherkas, Toms Vilnis
Sorainen is advising French payments company Worldline on the acquisition of payment processors First Data Lietuva, First Data Latvia, and First Data Eesti (together “First Data Baltics”). Worldline, a European leader in the payments and transactional services industry employing over 8,700 people worldwide and with estimated yearly revenue of approx EUR 1.5 billion, signed an agreement with […]
Deals & Cases
Eltel has sold its business operations in Latvia in a management buy-out whereby Jurijs Kokoreviès (District Manager at Eltel) acquired 100% of the shares in Eltel Networks. Eltel is a leading Northern European provider of technical services for critical infrastructure networks – Infranets – in the segments of power, communication and other. Company’s operations spread […]
Deals & Cases / Pekka Puolakka, Isabella Barbara Tisenhusen
Sorainen advised Estonian wood manufacturing company Ha Serv and its majority owner Livonia Partners’ EuVECA in the acquisition of Suomen Lämpöpuu, a manufacturer of thermo-treated wood products based in Finland. Suomen Lämpöpuu is one of the world’s first manufacturers of ecological thermo-treated wood products, generating over EUR 6 million in sales annually. Its manufacturing facility […]
Deals & Cases
Sorainen is assisting Latectus, a subsidiary of a leading bank in Latvia, with structuring and developing an auction procedure for sale of its real estate portfolio in Latvia and Lithuania. At the first stage Sorainen prepared a memo on the legal framework and at the second stage we drafted auction rules and a template sale […]
Linstow, leading shopping center developer and manager in the Baltic states, has expanded its real estate portfolio by acquiring real estate of complex composition (several separate buildings and a site exceeding 3 hectares) in Riga, near Alfa Retail Park. The real estate was acquired for future commercial development purposes. The value of the deal exceeded […]
