Deals & Cases
Žurnalų leidybos grupė (ŽLG), publisher of the popular Lithuanian magazines “Žmonės”, “Laima”, “Ji” and “Edita” and operator of the portals Žmonės.lt, Ji24.lt, Elaima.lt and Shopspy.lt, intends to transfer its business to Media bitės. Media bitės is managed by Tomas Balžekas, former manager of news portal 15min.lt and news agency Baltic News Service (BNS). The parties […]
Sorainen advised Olympic Entertainment Group on the merger of two regulated businesses in Lithuania. Orakulas, including its assets, obligations and rights, is now merged into Olympic Casino Group Baltija. Olympic Entertainment Group is a leading group of gambling companies, with operations in the Baltic States, Slovakia, Italy and Malta. After the merger, Olympic Casino Group […]
Deals & Cases / Eva Berlaus, Viktorija Cherkas
Sorainen Latvia assisted EUROCASH1 group in acquiring cash collection company CBL Cash Logistics from Citadele banka. As a result of the transaction and further reorganisation, EUROCASH1 group will significantly strengthen its position in the Latvian cash collection services market in addition to increasing its current turnover. Eva Berlaus, Country Managing Partner and senior associate Viktorija […]
Sorainen Lithuania represented the shareholders of Adnet media, the largest online advertising network in the Baltic States, in signing a share sale-purchase agreement with Ekspress Grupp, a leading media group in the Baltic States, where it holds such leading news portals as DELFI, alio.lt and others. Under the agreement Ekspress Grupp agreed to buy out […]
Sorainen advised Genesta Property Nordic on the sale of 100% of its shares in GNBLIT Kaunas Logistics. GNBLIT Kaunas Logistics was acquired by one of the largest real estate fund managers in the Baltics – EfTEN Capital. Genesta Property Nordic is an independent real estate management company with offices in Sweden, Finland, Denmark and Luxembourg. […]
