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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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Deals & Cases / Sergej Butov, Laura Matuizaitė-Mikštė
Sorainen assisted FREOR LT and its majority shareholder Rytis Bernatonis in the acquisition of a block of shares in FREOR LT by Baltics-based private equity fund Livonia Partners, which will acquire the shares from Central European private equity fund Mezzanine Management. FREOR LT is the only manufacturer of commercial refrigeration equipment in the Baltic States. […]
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Sorainen advised Marketing Investment Group (MIG) on acquiring more than 10 stores in Lithuania and Latvia from retail company Bogvila. MIG, a Polish retailer operating in the footwear and clothing market for over 25 years, has developed such well-known retail chains as Sizeer, 50 Style, Symbiosis and UP8. MIG currently provides consumers with products from […]
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Deals & Cases / Laimonas Skibarka, Vytautas Sabalys, Juliana Pavilovska, Laura Matuizaitė-Mikštė
Sorainen advised NanoAvionics, a Lithuanian start-up manufacturing satellites, on securing an investment from AST&Science to support the company’s operational expansion globally. Under the terms of the investment, AST&Science has acquired all shares from venture capital firm Practica Capital and made an additional investment in NanoAvionics’ capital assets. NanoAvionics is a small satellite platform manufacturer and […]
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Deals & Cases / Tomas Kontautas, Laura Matuizaitė-Mikštė, Liutauras Vasiliauskas
Sorainen advised Via Payments, part of the VIA SMS Group, in obtaining an e-money institution licence from the Bank of Lithuania. The company will provide e-money and payment services and will enable its customers to open electronic money accounts. Via Payments belongs to the Latvia-based VIA SMS Group of companies, which specialises in consumer loans […]
