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Gren acquires Rīgas Enerģija
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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Tikedo acquires a majority shareholding in IMPAKS
Tikedo S.r.l., controlled by private equity firm White Bridge Investments, acquired a majority (75%) shareholding in the renowned Latvian company SIA IMPAKS, which specializes in producing labels for alcoholic beverages. Our role Sorainen advised the buyer (Tikedo) on the transaction. This included full-scope transaction advice for the buyer, including performing legal due diligence of the […]
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Increasing the competences of the BYKO-LAT management board
We provided training for the management board of BYKO-LAT on corporate governance issues and liability regulation. The aim of the training was to strengthen the work of the management board and improve management of risks related to corporate governance. BYKO-LAT is a subsidiary company of BERGS TIMBER and one of the leading exporters of timber […]
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Stena Line acquires ferry and RoRo port operations in Ventspils
We advised our client Stena Line on a transaction involving acquisition of the operations of the ferry and RoRo terminals at the Port of Ventspils, Latvia. About the acquisition The acquisition in Latvia is the latest of several moves to support Stena Line’s long-term expansion in the Baltic Sea region, which is fast developing economically. […]
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Gren continues to grow in Latvia
We advised Gren Latvija, one of the leading green energy companies in Latvia, part of Gren Group, in signing an agreement to acquire the green energy company Bioeninvest: a district heating system operator in the town of Gulbene, providing heating to ca. 1,000 customers. Client comment Ilkka Niiranen, CEO of Gren Group, comments: “I am delighted […]