Sorainen advised Marketing Investment Group (MIG) on acquiring more than 10 stores in Lithuania and Latvia from retail company Bogvila. MIG, a Polish retailer operating in the footwear and clothing market for over 25 years, has developed such well-known retail chains as Sizeer, 50 Style, Symbiosis and UP8. MIG currently provides consumers with products from […]
Deals & Cases
Sorainen in cooperation with Brandl & Talos Attorneys at law (Vienna, Austria) advised investment company Novalpina, whose subsidiary made a public offer to acquire all the shares in listed Estonian gaming group Olympic Entertainment Group (OEG). Sorainen advice was related to regulatory and compliance matters relevant to OEG’s gaming operations in the Baltic States. The buyer, […]
Deals & Cases
Sorainen advised Henkell & Co.-Gruppe, a major Germany-based international producer and distributor of alcoholic beverages which belongs to Dr. Oetker Group, on its acquisition of a majority stake in Filipopolis, a leading importer and distributor of alcoholic drinks in Lithuania. The acquisition of Filipopolis in Lithuania completes the formation of Henkell & Co.- Gruppe’s distribution […]
Deals & Cases / Laimonas Skibarka, Vytautas Sabalys, Juliana Pavilovska, Laura Matuizaitė-Mikštė
Sorainen advised NanoAvionics, a Lithuanian start-up manufacturing satellites, on securing an investment from AST&Science to support the company’s operational expansion globally. Under the terms of the investment, AST&Science has acquired all shares from venture capital firm Practica Capital and made an additional investment in NanoAvionics’ capital assets. NanoAvionics is a small satellite platform manufacturer and […]
Sorainen advised venture capital fund Open Circle Capital on its first investment – in Lithuanian start-up Tipi. The company develops information management and communication solutions for teamwork. Open Circle Capital invested along with Silicon Valley fund Sway Ventures and a group of private investors from the USA, the UK, France, Lithuania and Singapore. Total investment […]