Sorainen is acting as lead legal counsel for the shareholders of Palink, the operator of the IKI retail chain, on the sale of 100% of Palink shares to Rimi Baltic. With a total transaction value of EUR 213 million, this is the largest M&A transaction in Lithuania this year. The acquisition of IKI means that […]
Sorainen Latvia has assisted Dasos Timberland Fund ll, a private equity fund investing in sustainable timberland in Europe and developing markets, to acquire 100% shares in a real estate company owning a number of forest properties in Latvia. Sorainen has performed the legal due diligence and assisted the client in the share acquisition process by […]
Deals & Cases / Vytautas Sabalys
Sorainen Lithuania Startup Team assisted International Fintech with launching operations in Lithuania. International Fintech, backed by investors from Israel, is developing a system that provides e-money and e-wallet services to online customers. Sorainen provided legal support in the process of obtaining an e-money licence from the Bank of Lithuania. The licence authorises e-wallet and e-money […]
Sorainen advised CPA:17 – Global on the acquisition of a modern Class A central logistics facility located in Kaunas and signing a long-term lease agreement with Kesko Senukai, a leading Do-It-Yourself retailer in Lithuania and the Baltic States. The property was purchased for approx EUR 60 million, including associated acquisition fees and expenses. CPA:17 – […]
Deals & Cases / Eva Berlaus, Toms Vilnis
Sorainen Latvia assisted Primekss, one of the most innovative Latvian companies in the building industry, with corporate reorganisation of two of its group companies in Latvia, with an aim to optimise the group set up. Partner Eva Berlaus and associate Toms Vilnis worked on this assignment. Primekss is a concrete producer from Latvia that has […]
