Deals & Cases / Vytautas Sabalys
Sorainen Lithuania advised Moneta International on establishing a company and launching operations in Lithuania. Moneta International operates a payment platform and provides services for e-commerce companies. Moneta International plans to invest more than more than EUR 1 million in FinTech projects in Lithuania and hire approximately 15 qualified employees. “We visited six European countries searching […]
Wihuri, a Finnish company operating in technical trading, sold its Estonian, Latvian and Lithuanian subsidiaries to Avesco. The transaction was complicated due to the fact that it involved resolving a series of technical pre-closing arrangements and simultaneous closing in three jurisdictions. The Sorainen pan-Baltic team led by partner Pekka Puolakka also included, among others, senior […]
Deals & Cases / Pekka Puolakka, Paul Künnap
Sorainen Estonia advised Estectus, an SEB group property portfolio management company, on the sale of the Scala City office building located in Tallinn city centre, to Colonna investors. The newly renovated office building with a total lettable area of over 5,000 m2 will be managed by Colonna. The seller’s advisors included Sorainen, Catella and Seven […]
Livonia Partners, the pan-Baltic private equity firm, has agreed to acquire Hortes, the leading retail brand for home and gardening products in Estonia. Livonia will support the company in realising its strong regional growth potential. “Retail is one of the strongest industries in Estonia, consistently outperforming GDP, and Hortes is one of Estonia’s most successful […]
Sorainen Lithuania advised DNB Bank ASA (Norway), the largest financial services group in Norway, on the grant of a loan to Norwegian real estate development group Schage for development of the Quadrum business centre in Vilnius. Quadrum is the first business centre in Lithuania designed and built according to the Building Research Establishment Environmental Assessment […]
