We advised the Finnish forest industry company Metsä Group on selling its Estonian subsidiary Metsä Forest Eesti’s wood supply business to Combiforest, an Estonian woodworking company owned by Combiwood Grupp. The parties have also agreed on long-term deliveries of pulpwood and chips to Metsä Group. Among the largest forest industry companies in the region Metsä […]
We advised Berry Global, a US-based manufacturer and seller of plastic packaging products, in the sale of its shareholding in Promens Holding OÜ to SAPA S.p.A., an Italian industrial group specialising in the production of cutting-edge components for the automotive industry. As part of the transaction, SAPA also acquired Promens Zevenaar N.V., the Dutch entity […]
Last year, the Baltic mergers and acquisitions (M&A) market slowed down slightly from the previous year in terms of the number of deals. Despite the minor decline, the numbers still remained significantly above pandemic-time levels, according to statistics compiled by M&A database Mergermarket. While the deal count downturn wasn’t significant, the total disclosed value of […]
Sorainen continues to be a leading law firm for mergers and acquisitions in the Baltic region. Our firm has advised the highest number of M&A deals in 2023 in the region, according to the latest Global and Regional M&A Rankings 2023 by Mergermarket. The firm advised on 34 transactions with a combined value of USD […]