-
CTS Engtec buys SystemTest
Sorainen Estonia advised CTS Engtec on the purchase of SystemTest, an Estonian company supplying industrial and infrastructure projects with high-quality industrial automation systems, which it designs, produces and puts into operation. CTS Engtec provides engineering, project management and consulting services in the fields of energy, forestry, mining, petrochemicals and the chemical industry sector. Sorainen advised […]
-
Port of Tallinn IPO
Sorainen together with Cleary Gottlieb Steen Hamilton acted as legal advisor to the international syndicate of banks consisting of Citigroup, Carnegie Investment Bank, Erste Group, Swedbank and LHV in the first IPO of a state-owned entity in Estonia since 1999 and the first Estonian IPO with an international element since 2012. The shares of Port […]
-
KONE joins forces with Estonian smart elevator developer Indoor.Ninja
KONE, a global leader in the elevator and escalator industry, invested in the Estonian startup Indoor.Ninja, a developer of cloud-based visitor management services, in an effort to improve and automate the check-in experience for office building visitors. Sorainen Estonia performed legal due diligence of the target and drafted transaction documents. The Sorainen team advising KONE included […]
-
Completion of largest acquisition in the Baltics in 2017 – Providence Equity Partners takes over Baltic operations of Modern Times Group
MTG Baltics is the leading pan-Baltic media house with free TV and pay TV broadcasting assets together with complementary radio assets and a strong digital presence. Bitė Lietuva acquired the following MTG businesses in the Baltics: three TV channels in Estonia (TV3, TV3+, TV6), five TV channels in Latvia (TV3, TV3+, TV6, Kanals 2, LNT), […]
-
Nordea and DNB combine Baltic businesses to create Luminor
On 1 October 2017 the largest transaction of combination of operations in the history of the Baltic financial markets was successfully completed – Luminor launched its operations. Nordea, the largest financial services group in northern Europe, and DNB, Norway’s largest financial services group, completed the combination of their banking, leasing and pensions businesses in Estonia, […]