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BayWa r.e. expands in Baltics by acquiring Proelektro
Sorainen Latvia assisted BayWa r.e. a leading global renewable energy developer, service provider, distributor and energy solutions provider, with the acquisition of Proelktro, a wholesaler of PV modules, inverters and other electrical components. About the transaction The transaction enables BayWa r.e. to implement its strategy to expand its presence in Baltics. Our assistance and team […]
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Conexus Baltic Grid prepares up to EUR 80 million bond programme
We acted as transaction counsel in the up to EUR 80 million bond programme for Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia. The Bond programme was arranged by Skandinaviska Enskilda Banken AB Helsinki Branch. For the time being Conexus Baltic Grid has decided to postpone its inaugural first issue. […]
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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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Fontes develops its activities in Latvia and Lithuania
We advised Fontes Palgaonsultatsioonid OÜ, a leading company in Estonia in the field of talent management capital and advising talent, on acquisition of remuneration system development and remuneration survey business in the territory of Latvia and Lithuania from SIA Fontes Vadības konsultācijas. Our role In great cooperation with the client, the Sorainen team assisted at […]
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Spanish-based IT & telecommunications group entity recovers EUR 1 million
We assisted the client, a business established in Hong Kong belonging to a group of Spanish-based IT and telecommunications entities, in recovering funds (approx. EUR 1 million) that were arrested in Latvia as part of criminal proceedings. The client’s funds were considered to possibly be suspicious and relating to money-laundering activities. In the past couple […]