Sorainen is acting as lead legal counsel for the shareholders of Palink, the operator of the IKI retail chain, on the sale of 100% of Palink shares to Rimi Baltic. With a total transaction value of EUR 213 million, this is the largest M&A transaction in Lithuania this year. The acquisition of IKI means that […]
Sorainen Latvia has assisted Dasos Timberland Fund ll, a private equity fund investing in sustainable timberland in Europe and developing markets, to acquire 100% shares in a real estate company owning a number of forest properties in Latvia. Sorainen has performed the legal due diligence and assisted the client in the share acquisition process by […]
Sorainen Estonia advised the shareholders of Samat bus company on the sale of a majority shareholding to competitor Hansabuss. Founded by Estonian investors in 1991 and employing over 80 people, Samat services bus lines mainly in Northern Estonia and also offers other services related to bus operation. Samat’s forecast turnover for 2016 is approx EUR […]
Sorainen Estonia advised The Climate Corporation, a subsidiary of Monsanto Company, in the acquisition of VitalFields, a European farm management software company based in Estonia. The VitalFields team will join The Climate Corporation, strengthening the company’s efforts to deliver industry-leading digital technologies to farmers around the world. Says Mike Stern, chief executive officer of The […]
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Robotics is a goldmine and investors are getting the message – this is the learning of Day 1 at the Baltic M&A and Private Equity Forum 2016 in Riga. By 2025, the robotics and automation market may be worth over USD 10 trillion, according to McKinsey Global Institute. Robotics means nothing short of a new […]