Deals & Cases / Eva Berlaus, Jānis Bite
Sorainen advised Baltic Horizon Fund, managed by Northern Horizon Capital, in acquiring the Vainodes 1 office building in Riga, at a total purchase price of approx EUR 21.3 million. On 14 November 2017, the deal was confirmed when a share purchase agreement was signed with sellers NULE 4 and NM 2 for the acquisition of […]
Sorainen is advising German technology company Continental on building a new manufacturing plant in Lithuania. The company will be building an electronic components manufacturing plant in the Kaunas region. Continental plans to invest EUR 95 million over the next five years and to create approx 1,000 new jobs. The company plans to complete construction and start […]
Deals & Cases / Pekka Puolakka, Paul Künnap
Metsä Wood, the wood products arm of Metsä Group, acquired an industrial land plot in Estonia, Pärnu city in the spring and is establishing a birch plywood mill there. The cornerstone of the new factory was laid in August. The new mill is due to start production by the end of 2018 and will create […]
Decathlon is the first tenant in VNO verslo ir prekybos parkas – a commercial project developed in southern Vilnius. The first Decathlon store in the Baltics is planned to open in autumn 2018. The store is expected to occupy an area of 5,000m2 and the project also offers the possibility to expand by an additional […]
Sorainen assisted INCANA, a leader in the production of wall decoration systems, in its acquisition of multiple forest properties. Sorainen provided expertise regarding the contents of the purchase agreement and assisted in evaluating possible risks that might materialise as regards acquisition of forest property. The client was advised by partner Lelde Laviòa.