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Sorainen Estonia advised Armin Karu, Kaia Karu, Erik Karu and Ines Karu-Salo on the sale of Emahool OÜ together with its franchise business Mothercare online-store and retail stores in Estonia and Latvia to the owner of Juku children stores, Kotryna OÜ. Mothercare is well-recognised brand on the retail market specialised in products for mothers, babies and […]
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Sorainen advised Danish Agro group company DAVA Agravis Machinery Holding on its acquisition of 45% of the share capital in Konekesko Lietuva from Finnish company Konekesko. DAVA Agravis Machinery Holding also acquired a minority interest in Konekesko subsidiaries in Latvia and Estonia. The total disclosed value of the transaction in all three Baltic States is […]
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Customs Code of the Eurasian Economic Union On 26 December 2016, the Customs Code of the Eurasian Economic Union (EAEU CC) was signed by Russia, Kazakhstan, Armenia and Kyrgyzstan and is in the process of signature by Belarus. The agreement on the EAEU CC is due to enter into force on 1 July 2017 after […]
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Sorainen is acting as lead legal counsel for the shareholders of Palink, the operator of the IKI retail chain, on the sale of 100% of Palink shares to Rimi Baltic. With a total transaction value of EUR 213 million, this is the largest M&A transaction in Lithuania this year. The acquisition of IKI means that […]
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Deals & Cases / Marina Golovnitskaya, Maksim Salahub
Sorainen supported Hesburger, one of the largest fast-food regional chains, in launching Belarus franchise. Sorainen assistance involved representing the client in negotiations with franchisee and localising master franchise agreement under Belarus law within a constrained time frame. Sorainen team also provided legal support in termination of the agreement with previous franchisee. The client was advised […]