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We assisted Tempur Sealy International, the world’s biggest bedroom furniture producer, in acquiring Bed Factory Sweden, the Estonian based Swedish bedroom furniture producer. This acquisition is expected to boost growth of production in Viljandi, Estonia, by 50 %. Increase in production According to Indrek Aasna, CEO of Bed Factory Sweden Estonia, the new owner will […]
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We successfully represented Valerij Stankevič, a candidate for the Vilnius City Municipal Council, in a dispute with Lithuania’s Central Electoral Commission (CEC). The court found in favour of our client and revoked the CEC decision to exclude a legally elected person from Vilnius City Municipal Council. CAC decision that was appealed CEC revoked Valerij Stankevič’s […]
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Deals & Cases / Augustas Klezys, Laura Matukaitytė, Inga Macijauskaitė
We advised Best Finance on establishing a company in Lithuania and obtaining a payment institution licence from the Bank of Lithuania. Best Finance plans to provide money remittance services in Lithuania and other EU Member States. Our team consisted of partner Augustas Klezys and senior associates Laura Matukaitytė, who advised the client on regulatory licensing matters, […]
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We assisted pharmaceutical company Oribalt in concluding a logistics terminal development and lease contract with Baltic Sea Properties. Norwegian real estate investment company Baltic Sea Properties will develop a property with a total area of 6,500 m2 designed for Oribalt needs. Long-term lease Baltic Sea Properties and Oribalt signed a long-term lease contract. Baltic Sea […]
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Sorainen advised Linna Ekraanid on the sale of the remaining 50% of its shares to Ekspress Grupp. In 2016 Sorainen advised Kindel Reklaam, Unicorpo and Trend on the sale of their 50% shareholding in Linna Ekraanid to Ekspress Grupp. The purpose of the first acquisition was to create preconditions for Ekspress Grupp to set off […]
