-
TWINO Investments Gains Approval Under MiCA to Offer Crypto Asset Services
Our client, TWINO Investments, has successfully obtained an authorisation to provide crypto asset services under the Markets in Crypto-Assets Regulation (MiCA). TWINO was among the first Latvian fintech companies to introduce innovative investment services and is now taking a significant step forward by expanding into regulated crypto-asset services. To enable this expansion, TWINO completed the […]
-
Fortegra launches suretyship bond insurance business in the Baltic states through legal representative Masterisk
We advised UAB Masterisk on the establishment of a managing general agent (MGA) platform for the distribution of suretyship bond insurance products in the Baltic states on behalf of Fortegra Belgium Insurance Company NV, part of the international specialty insurance group Fortegra. This initiative marks an important step in strengthening the availability of alternative surety solutions for businesses in […]
-
Heidelberg Materials Lietuva Betonas and ESSPO group restructure their cooperation in the concrete production segment
We advised Heidelberg Materials Lietuva Betonas on two strategic transactions with the ESSPO group, aimed at separating their activities in the mobile and stationary concrete plant segments. First, Heidelberg Materials Lietuva Betonas sold its 45% shareholding in Heidelberg Mobile to the ESSPO group, thereby exiting the joint venture between the parties. Second, Heidelberg Materials Lietuva […]
-
Merito Partners Successfully Raises EUR 11 Million for Gaižēni Acquisition
Sorainen advised Merito Partners, a private investment company operating in Latvia, on the establishment of a secured bond programme of up to EUR 14 million, to be issued in several tranches. Proceeds from the programme will be used to finance the acquisition of Gaižēni, Latvia’s leading livestock farming and agriculture company. The bonds will be […]
-
W. P. Carey-managed company acquires Baltic retail property portfolio for EUR 177.5 million
We advised a company managed by the US investment fund W. P. Carey on the acquisition of a Baltic retail real estate portfolio worth EUR 177.5 million. The fund acquired it from UAB Baltic Retail Properties, a closed-end investment company for informed investors, managed by UAB Žabolis ir partneriai kapitalo valdymas. The transaction involved one […]