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Sorainen represented Swedish company Bergvik Skog in the sale of its forest properties in Latvia to another Swedish company, Södra. The sale transaction was carried out by divesting Bergvik Skog subsidiaries in Latvia. The subsidiaries own 111,100 ha of land, whereof 80,300 ha are covered by productive forest. The transaction sum amounted to EUR 324 […]
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Sorainen assisted Livonia Partners, a dedicated private equity investment firm in the Baltics, in leading a EUR 4.4 million Series A round closed by business management software provider Scoro. The company will use the funds to expand its New York and London offices and develop the platform’s deep integration and machine learning capabilities. The investment involved […]
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Sorainen successfully represented Valdas Šarūnas, a former director of Kėdainių aruodai, in a case concerning compensation for damages related to company losses. Last year Kėdainių aruodai blamed the former manager for a bad harvest and related losses and claimed more than EUR 1 million in the Kaunas Regional Court. On 11 October, 2018 the Court […]
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Deals & Cases
Sorainen advised Livonia Partners and its portfolio company Ha Serv on a merger with another leading wood manufacturing company, Thermory. The merger agreement was signed on 27 July 2018 and the transaction was completed at the end of October. The merger of Thermory, the leading producer of thermally modified wood, and Ha Serv, Europe’s largest […]
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Sorainen advised Primekss, one of the most innovative Latvian companies in the building industry, in patent litigation. Primekss owns a valuable building-industry patent that has gained global recognition and numerous industry awards. Primekss filed a claim against a Latvian construction company for use of Primekss’ patent technology in building a warehouse. The first instance court […]
