Sorainen Belarus, jointly with Sorainen Lithuania, acted as Belarusian and Lithuanian counsel for the European Bank for Reconstruction and Development (EBRD) in connection with a USD 15 million loan to Modus Group. The loan aims to finance constructing, equipping and putting into operation four biogas plants with total installed capacity of 4MW to be located […]
Deals & Cases / Sergej Butov, Laura Matuizaitė-Mikštė
Sorainen assisted FREOR LT and its majority shareholder Rytis Bernatonis in the acquisition of a block of shares in FREOR LT by Baltics-based private equity fund Livonia Partners, which will acquire the shares from Central European private equity fund Mezzanine Management. FREOR LT is the only manufacturer of commercial refrigeration equipment in the Baltic States. […]
Sorainen advised Audimas and its major shareholders on selling 60% of the company’s shares to investment management company LitCapital Asset Management (LitCapital). LitCapital will manage 92% of the company’s shares jointly with Rimvydas Povilaitis, Arvydas Povilaitis and Ona Balžekienė according to the shareholders’ agreement. Audimas, the largest manufacturer of active leisure and sports clothing in […]
Sorainen assisted the Lithuanian Ministry of Finance in drafting the Securitisation and covered bond law. The purpose of the law will be to contribute to Lithuanian capital market development and expand financing source options. The new draft law ensures greater opportunities for financial institutions to attract funds and finance business, thus contributing to long-term economic […]