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We are advising Stena Line on its planned acquisition of Liepāja port operator Terrabalt. By acquiring the Latvian company Terrabalt, Stena Line will take over the operation of the RoRo, bulk and general cargo terminal in Liepāja, Latvia’s third-largest port. About the acquisition The Liepāja port is managed within the framework of the Liepāja Special […]
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We advised the shareholders of Ammunity, a Latvian small-calibre ammunition manufacturer, in connection with the agreement to sell 100% of the company’s shares to Scandinavian Astor Group AB, a Swedish defence and security company that will become a strategic investor in Ammunity. This acquisition marks an important step in the growth of Latvia’s defence industry […]
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We assisted Activate Capital in relation to its investment in Aerones, a provider of robotic inspection, maintenance and AI-driven solutions for wind turbines based in Riga, Latvia. About the case Aerones has just raised 62 million USD in an investment round led by Activate Capital and S2G Investments, with participation from Carbon Equity and Overlap Holdings, […]
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We assisted the Ministry of Transport and the Latvian state in signing an agreement with Lufthansa Group, a strategic investor in airBaltic. According to the transaction documents signed, Lufthansa Group will acquire a convertible share representing a 10% stake in airBaltic, which will be issued at a subscription price of EUR 14 million. Additionally, Lufthansa […]
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We are happy to have assisted our clients Booking Group and Chemispec in a transaction for the acquisition of a 10,500 m² office building, located on Meistaru iela, Valdlauči, Ķekavas novads, Latvia, from Laurus Gene UAB. The office building is well-known as the current headquarters of SEB banka in Latvia. Our assistance We assisted our […]
