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One of the largest PET bottle recycling plants in northern Europe opened in Latvia
ITERUM (previously PET Baltic) has opened a new factory, one of the largest in northern Europe, in Olaine, with a planned processing capacity of 80,000 tonnes per year – or about 30% more than could be ensured at the company’s previous production facility in Jelgava. Iterum has invested more than EUR 10 million in the […]
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Sunly raises EUR 300 million to expand its production capacity
We advised Sunly, a renewable energy producer, on raising EUR 300 million from Scandinavian and French investors for the construction of solar, wind, storage, and hybrid parks with a total capacity of 1.3 GW. The investment will be used to build large-scale hybrid parks in the Baltics and Poland, contributing to the availability of renewable […]
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Assistance to VALMIERMUIŽAS ALUS brewery on protecting its label design
We advised VALMIERMUIŽAS ALUS, one of the most popular breweries in Latvia, during an intellectual property protection case. Specifically, one of the competitors of VALMIERMUIŽAS ALUS started to distribute soft drinks with a similar design of labelling to VALMIERMUIŽAS ALUS’s products. Our assistance Our assistance included the preparation of two cease and desist letters and […]
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Antalis acquires Baltic packaging distributor Pakella
We advised Antalis during the acquisition of Pakella, which specialises in the manufacturing and distribution of industrial and food packaging to various business customers. Pakella is a leading packaging distributor in Latvia, Lithuania and Estonia, with a EUR 15 million turnover in 2023 and 60 employees at its three distribution sites. Antalis is a member […]
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Maag, Skeleton and PVcase announced as Baltic deals of the year 2024
Today, the Baltic deals of the year were announced at the Baltic M&A and Private Equity Forum 2024 in Vilnius. The winners of the title are Maag Grupp and Skeleton Technologies of Estonia and PVcase of Lithuania. Award winners 2024 The Baltic M&A Deal of the Year is Maag Grupp’s acquisition of HKScan‘s Baltic businesses […]