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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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Patria opens an armoured vehicle production facility in Latvia
We assisted Patria, a company owned by the Finnish and Norwegian states, an international provider of defence, security and aviation life-cycle support services, technology solutions and pilot training, in opening a new armoured vehicle production facility in Valmiera, Latvia. About project We have been a part of the project from the very beginning, and helped […]
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Silmäasema acquires 25-year-old Estonian chain of optical stores
We advised the Finnish company Silmäasema Optiikka Oy on acquiring Eagle Vision, an Estonian chain of optical stores. Eagle Vision has been operating for nearly 25 years and owns six stores across Estonia that will continue under the Eagle Vision brand. In 2023, Eagle Vision had a turnover of approximately EUR 2.8 million. Eagle Vision […]
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Startups Geneto and FitQ join forces to develop a more sustainable health app
We advised Estonian health technology startup Geneto on its merger with video training platform FitQ. As a result of a joint agreement between Geneto’s shareholders, Jaak Sarv, founder of Geneto, became co-founder and product manager of FitQ. The merger will allow the companies to integrate their products and offer their services as a one-stop solution […]
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M&A market participants: Things are looking up and geopolitical risk is falling
A general consensus emerged at the annual Baltic M&A and Private Equity Forum that the transaction market is recovering and investors are becoming increasingly confident about investing in the Baltics. The Baltic M&A and Private Equity Forum 2024 was organised by Sorainen on 16 April in Vilnius, in cooperation with leading Lithuanian business media Verslo žinios. […]