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We provided legal advice to Danish Sun Energy ApS, a Danish greenfield developer, on the sale of 100% of its capital shares in DSE Aizpute Solar to Latvenergo, Latvia’s leading energy company. This acquisition will enable Latvenergo to construct a 265-MWp (megawatts DC) solar power plant by the end of 2025. This project marks a […]
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Deals & Cases / Nauris Grigals, Jānis Taukačs, Aija Lasmane, Līva Aleksejeva, Alise Igale, Ieva Zariņa, Kristiāns Dzerkaļs, Kate Berlaua, Zane Akermane, Zanda Frišfelde, Māris Simulis
Sorainen advised L Catterton, one of the world’s leading private equity investment companies focused on investing in consumer segment companies and brands, on its acquisition of a majority stake in Stenders, a Latvian-based premium bath and body care products manufacturer. About the transaction The deal is expected to accelerate Stenders’ international expansion and strengthen its […]
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We advised Antalis during the acquisition of Pakella, which specialises in the manufacturing and distribution of industrial and food packaging to various business customers. Pakella is a leading packaging distributor in Latvia, Lithuania and Estonia, with a EUR 15 million turnover in 2023 and 60 employees at its three distribution sites. Antalis is a member […]
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Deals & Cases / Nauris Grigals, Natālija Ešenberga, Marika Grunte, Alise Igale, Agita Sprūde, Ieva Zariņa, Kate Berlaua, Linda Sarāne-Reneslāce, Māris Simulis, Zanda Frišfelde, Zane Akermane
With our assistance, the Northern European green energy company Gren has completed a transaction to acquire Rīgas Enerģija, a sustainable energy producer in Riga, adding to its fleet a biomass combined heat and power plant (CHP) that uses a local, renewable energy resource – woodchips – to produce clean and price-competitive heat energy and electricity. […]
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We were happy about the opportunity to assist Viatris, a global healthcare company, in the implementation of structural changes to its business in the Baltics. Structural changes to Viatris companies in Latvia involved share capital reduction, dividend payments and simplification of the group structure through mergers. The project also involved name changes for some of […]