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Mantinga acquires Fresh Food Production
Sorainen Latvia advised Mantinga, the largest producer of bread, snacks and frozen products in the Baltic States, on acquisition of Fresh Food Production from Orkla Latvija. About Fresh Food Production Fresh Food Production has been established by Orkla Latvija with the purpose of divestment of the convenience food business from Orkla Latvija to the target […]
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Aswell – a mobile app to reduce food waste
Within the Shared Mission programme, Sorainen provided pro bono legal assistance to SIA Aswell, the developer of the mobile app Aswell. We prepared the Partnership Agreement – the terms and conditions for the corporate application’s users. Preparation of the terms and conditions was particularly interesting, because they covered a new type of business model. Thus, our […]
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Renta Group has acquired Uprent Group
Acting as local counsel for the Baltics, we have been advising IK Partners and Renta Group on its acquisition of Uprent Group. About Renta Renta is a full-service machinery and equipment rental company, which prior to the acquisition had operations in Finland, Sweden, Norway, Denmark and Poland, with over 100 depots and more than 1,000 […]
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Finnish fund Titanium Baltic Real Estate acquires two Kesko Senukai stores in Latvia and Lithuania
We advised the Titanium Baltic Real Estate fund, managed by the Finnish asset management company Titanium Fund Management Company, on acquiring the DIY company Kesko Senukai’s flagship stores in Vilnius, Lithuania; and Daugavpils, Latvia. Delta turtas and SIA Daugavpils Project 1, the companies which own the stores, have been transferred to the fund by KS […]
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Certares enters into strategic partnership with Avia Solutions Group
Certares, a US-based investment specialist dedicated to the travel, tourism and hospitality sectors, acquired a stake in Avia Solutions Group (ASG). Certares will provide a EUR 300 million structured equity investment to ASG. The transaction is subject to customary conditions and approvals and is expected to close in Q4 2021. Our pan-Baltic team conducted legal due […]