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Delfi acquires training company BDA
Sorainen advised Delfi, Latvia’s leading digital media company, on the acquisition of the the training company Baltijas Datoru Akadēmija (BDA). BDA is a subsidiary of Tet and one of the largest training centres in the Baltics. This move marks Delfi’s transformation from a traditional news media outlet into a comprehensive digital knowledge and services ecosystem. […]
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Pro bono legal support for the growth of Ascent Lumina
In last year’s Shared Mission project, we provided pro bono legal assistance to the Latvian company Ascent Lumina. About Ascent Lumina Ascent Lumina develops advanced artificial intelligence (AI) solutions for unmanned and autonomous vehicles, with a strong focus on real-time AI perception systems capable of operating in complex operational environments. Its services include the development, […]
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Rimi Baltic will acquire Havi Logistics shares
Rimi Baltic has signed a share purchase agreement to acquire HAVI Logistics companies in Latvia, Lithuania and Estonia. This is a significant step in Rimi’s development, strengthening the competitiveness of its supply chain in the region. The transaction is still subject to approval by the competition authorities in all Baltic countries. About the deal In […]
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Bitė Group sells its tower portfolio to Stonepeak for EUR 480 million, making it Top 3 Baltic deal of the year
We advised Bitė Group, the leading telecommunications and media group in the Baltics, on the sale of its communications towers company TeleTower to global private equity firm Stonepeak. The transaction will create the first fully independent tower company in the region and represents the beginning of a strategic partnership dedicated to investing in the Baltic […]
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Acquisition of Latvian wood processing company Kurekss completed
We advised the shareholders of Kurekss, which is one of Latvia’s leading sawmills and has over 30 years of industry experience, on the sale of 100% of shares in the company and, indirectly, its subsidiary Kurzemes granulas (a wood pellet producer in Latvia, in operation since 2005) to HS Timber Group. About Kurekss Established in […]