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Deals & Cases
Sorainen Estonia advised OpusCapita – a Finnish company focusing on automating and digitalizing customer procurement, invoicing and payment – on divestment of its Finance and Accounting Outsourcing business (FAO) to Longship, a Norwegian private equity investor. The divestment was announced on 4 May 2017. The value of the transaction is undisclosed. In total, 800 employees […]
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The Boris and Inâra Teterev Foundation together with the ABLV Charitable Foundation have engaged internationally renowned architect Sir David Adjaye to develop a design for the building to house the Latvian Museum of Contemporary Art. Given the experience and reputation of the architect, it is safe to say that this engagement is significant not […]
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Deals & Cases
Žurnalų leidybos grupė (ŽLG), publisher of the popular Lithuanian magazines “Žmonės”, “Laima”, “Ji” and “Edita” and operator of the portals Žmonės.lt, Ji24.lt, Elaima.lt and Shopspy.lt, intends to transfer its business to Media bitės. Media bitės is managed by Tomas Balžekas, former manager of news portal 15min.lt and news agency Baltic News Service (BNS). The parties […]
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Deals & Cases
Eltel has signed an agreement to sell its business operations in Estonia to Estonian Tecnolines, a company which operates in the Estonian networks design, construction and maintenance sector. Eltel’s Estonian unit comprises power, telecommunication and gas infranet services and currently employs approximately 300 people. In 2016, these operations generated net sales of EUR 26.3 million […]
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Deals & Cases / Agris Repšs, Valts Nerets
Sorainen provided legal advice to Regional Investment Bank – a credit institution in Latvia established in 2001 – as a mortgage creditor in a complex situation where the bailiff had initiated a forced sale of m/v Falcon by auction based on a maritime lien and a ship repair company had used its rights of retention […]
