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XTEND and JFB announce definitive USD 1.5 billion merger agreement
Sorainen is assisting XTEND – a technology company that develops AI‑assisted tactical unmanned aerial systems (UAS) – with Latvian and Estonian law aspects related to the merger between JFB Constructions (USA) and XTEND (Israel). The merger has the aim of creating an autonomous defence and security systems company, combining an AI-driven robotic operating system with […]
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Evergreen Garden Care has acquired Agaris Latvia
We advised Evergreen Garden Care, an Exponent portfolio company, on the acquisition of Agaris Latvia. About the acquisition The transaction, together with the acquisition of other Agaris entities in France, Poland and Belgium will help Evergreen Garden Care in significantly expanding its continental footprint. Agaris group is the leading producer and distributor of high-quality substrates, […]
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Rīgas namu pārvaldnieks begins path to IPO
We provided advice to Rīgas namu pārvaldnieks, carrying out an assessment of Riga City Council’s participation in this capital company and possible scenarios for terminating this involvement. About Rīgas namu pārvaldnieks Rīgas namu pārvaldnieks is the largest and most experienced property management company in the Baltics, based on its client base. The company provides high-quality, […]
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Södra divests forest holding companies in Latvia and Estonia
Sorainen advised Södra Skogsägarna ekonomisk förening, an association of Swedish forest owners, on the divestment of its forest holding companies in Latvia and Estonia – totalling approximately 153,000 hectares of land – to Ingka Investments, the investment arm of Ingka Group (the largest IKEA retailer), a transaction worth EUR 720 million. This transaction represents the largest […]
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Tietoevry completes the divestment of its Tech Services business
We were part of the advisers team of the advisers on the seller’s side of Tietoevry regarding the divestment of its Tietoevery Tech Services business to funds advised by Agilitas Private Equity LLP. Our team and involvement From Sorainen, managing partner Eva Berlaus, counsels Renāte Purvinska, Piret Lappert, Pirkko-Liis Harkmaa, and Jonas Kiauleikis, senior associates […]