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Sorainen advised Inchcape International Holdings Limited, a wholly owned subsidiary of Inchcape plc, on entering into an agreement to acquire the exclusive BMW distribution business in Lithuania. Inchcape received merger clearance from the Lithuanian Competition Council on 21 December 2018. This acquisition further strengthens Inchcape’s relationship with BMW Group – a core brand partner – in […]
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Sorainen is advising Pardavimo automatai and its shareholders on the sale of 100% of its shares to BCH Lithuania, managed by BaltCap portfolio company Baltic Coffee Holding. Established in 1999, Pardavimo automatai is a vending operator company in Lithuania. Sorainen is advising the client on all matters related to the share transfer. The Sorainen team consists of […]
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Mobile payment platform MoQ has launched its activities in Lithuania. The platform is managed by Mobilieji mokėjimai, a company founded by three biggest competitors in Lithuanian telecommunications sector – Telia Lietuva, Tele2 and Bitė Lietuva. This is the first mobile payment platform in the Baltics and the first such project in European practice to be […]
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Sorainen assisted Vienna Insurance Group AG Wiener Versicherung Gruppe in obtaining Lithuanian Competition Council approval to acquire 100% of Seesam Insurance shares from Finnish financial services company OP Financial Group. Estonian insurance company Seesam Insurance operates in all three Baltic Countries. Its offices in Lithuania, Latvia and Estonia employ 335 staff. Vienna Insurance Group is […]
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Sorainen represented a client operating in the field of passenger carriage by road in preparing a complaint to the Competition Council. Initiatives are now under way in respect of acts and omissions by the Ministry of Transport and Communications and the State Road Transport Inspectorate which have effectively closed the market in long-distance passenger transport. […]
