Sorainen
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Sorainen advised Nordcurrent, the largest game development studio in the Baltic region, on acquisition of Ukrainian game development and animation studio Blam! Games Studios. After the acquisition, the Odessa-based company, currently employing 40 people, became the Nordcurrent Odessa office. The value of the transaction is undisclosed. Blam! Games Studios, established in 2009 in Ukraine, has […]
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 […]
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 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, […]
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 […]