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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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Medicum strengthens its position in the private healthcare field with the acquisition of Fertilitas
We advised Medicum Group and Livonia on the acquisition of the private clinic Fertilitas. As a result of the transaction, the group will become a healthcare organisation with more than 700 employees. The strategic acquisition is beneficial for patients as well Following the transaction, Medicum will become the largest contractual partner of the Health Insurance Fund among private healthcare providers of specialised medical […]
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XTEND and JFB announce definitive USD 1.5 billion merger agreement
Sorainen is assisting XTEND – a technology company that develops AI‑assisted tactical unmanned aerial systems (UAS) – with Latvian and Estonian law aspects related to the merger between JFB Constructions (USA) and XTEND (Israel). The merger has the aim of creating an autonomous defence and security systems company, combining an AI-driven robotic operating system with […]
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Accelerating AI‑driven decision‑making in defence with a EUR 7.2 million seed investment
We advised the Ukrainian–Estonian startup Farsight Vision on its successful EUR 7.2 million seed round. The round was led by public safety technology leader Axon Enterprise, together with SmartCap, and joined by leading European defence investors. Modernising global defence robotics and warfare capabilities The funds raised in the seed round will be used to automate […]
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Noteworthy change of ownership within the Estonian car trade industry
We advised Adole Invest, one of the largest automotive groups in Estonia, on selling three companies to TKM Grupp. As a result of this deal, there will be a change of ownership for Rohe Auto, SKO Motors, and a real estate holding company to be established prior to completion of the transaction. Rohe Auto and […]