Sorainen Estonia advised The Climate Corporation, a subsidiary of Monsanto Company, in the acquisition of VitalFields, a European farm management software company based in Estonia. The VitalFields team will join The Climate Corporation, strengthening the company’s efforts to deliver industry-leading digital technologies to farmers around the world. Says Mike Stern, chief executive officer of The […]
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 […]
Deals & Cases
Sorainen represented Lytagra in a dispute regarding an inspection report prepared by Kaunas Territorial Customs office and revoking the decision of the Customs Department. The Lithuanian Supreme Administrative Court annulled a Court of First Instance and Customs Department ruling according to which Lytagra had to pay more than EUR 570 000 in definitive anti-dumping duties, […]
Sorainen economic and white collar crime resolution specialists assisted DISTRIPATES GESTION ET PARTICIPATIONS, a French distributor of frozen products for professionals in the bakery and pastry business, in asset recovery. The case involved a cross-border criminal investigation for fraudulently transferred funds and attempted money laundering. Sorainen’s help involved representation of the client as a victim […]
Sorainen Estonia assisted DT Group Finland, part of the world’s leading specialist distributor of plumbing and heating products, in divesting 100% of Puukeskus shares in a management buy-out to Atso Matsalu, the long term CEO of the company. Puukeskus is the leading distributor of wood-based building materials in Estonia, having started operations in 1996. The […]