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Estonia’s defence industry expands into explosives production
We are advising the state‑founded explosives manufacturer Hexest Materials on the involvement of a strategic investor. The company, established last summer, plans to build a military explosives plant in Estonia. This will help reduce the shortage of explosives in Europe’s defence industry, strengthen Estonia’s defence sector and defence capabilities, and stimulate the Estonian economy. The […]
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Estonian identity-verification software provider expands its reach
We advised Veriff, a leading Estonian digital identity verification firm, on its acquisition of technology provider Vespia. For Veriff, which began as a startup, this marks a strategic move in expanding beyond individual identity verification and towards building a full-trust platform. The deal will help Veriff meet the expectations of its global clients Vespia is […]
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A popular website-building platform has changed its ownership
We advised the software company Erply on the acquisition of Edicy from the technology company TextMagic. Edicy owns the website-building platform Voog. Voog aims to be the most convenient and user-friendly solution for creating and managing websites and e-commerce sites. A no-code website builder, it currently has around 5,000 clients. Erply’s CEO Robert Jacob explained […]
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Estonian window and door manufacturer strengthens its position in the UK market
We advised the Estonian window and door manufacturer Viking Window on the acquisition of a 51% majority stake in the UK sales company Norrsken Company Limited. Founded in 1996 in Mäo, Estonia, Viking Window a manufacturer of premium-quality wooden and aluminium-clad windows and doors – has taken a step that improves the availability on the […]
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A top-level adviser divested her stake in a public affairs advisory firm
We advised Kairi Uustulnd, a partner at Meta Advisory, on the sale of her shares in the company to Meta Advisory’s parent company, Rud Pedersen. Uustulnd will continue working with one key client and will remain a shareholder in the Rud Pedersen Group, but otherwise plans to reduce her workload. “We’ll see what the future […]