Sorainen assisted CGTrader, a company managing the 3D models online marketplace, in attracting a EUR 2 million investment. At this stage the main investor is Estonian venture capital fund Karma Ventures. CGTrader is one of the biggest 3D model marketplaces in the world. Currently it offers almost 600,000 models and has over 1.1 million users. […]
Sorainen is advising Owens Corning on the acquisition of Paroc Group, a leading producer of mineral wool insulation for building and technical applications in Europe. The total disclosed value of the acquisition of Paroc Group facilities in Finland, Lithuania, Poland, Russia and Sweden is EUR 900 million. NYSE-listed Owens Corning develops, manufactures and markets insulation, […]
Sorainen is advising German technology company Continental on building a new manufacturing plant in Lithuania. The company will be building an electronic components manufacturing plant in the Kaunas region. Continental plans to invest EUR 95 million over the next five years and to create approx 1,000 new jobs. The company plans to complete construction and start […]
Sorainen advised venture capital fund Open Circle Capital on launching operations in Lithuania. Open Circle Capital is a EUR 20 million early-stage venture capital fund focused on technology companies in the fields of information and communication technologies, robotics and high-tech. Comments Audrius Milukas, manager of Open Circle Capital and one of its partners: “We are […]
Sorainen advised Blue Ocean Invest on the sale of 100% shares in Interneto partneris – the largest online flight ticket seller in the Baltic States. The new platform owner, Otravo Group, is a market leader in (online) air travel sales in Benelux and Scandinavia. Interneto partneris operates online platforms “greitai.lt” in Lithuania, “flysiesta.lv” in Latvia, […]