We assisted Liwathon, an Abu Dhabi-based company which focuses on the logistics and storage of liquid fuels in niche global markets, in acquiring Vopak E.O.S, the largest independent oil products terminal operator in the Baltic region. Liwathon acquired all shares in the company, which will be renamed Liwathon E.O.S. Implementing strategy Says Gert Tiivas, CEO […]
Sorainen assisted Los Angeles and Tallinn based technology startup Brainbase in announcing a USD 1 million seed round. The round was led by Tera Ventures, with participation from Sterling Road and several angel investors. Funds obtained will be used to continue developing the company’s debut product, Brainbase Assist, a tool for brands and licensees to […]
Deals & Cases / Toomas Prangli, Isabella Barbara Tisenhusen, Nele Suurmets
Sorainen advised Canadian Forest Products (‘Canfor’) in acquiring Vida Packaging Eesti. The transaction is connected to Canfor’s 70 percent acquisition of Swedish company VIDA Aktiebolag. “With the acquisition of VIDA, we are excited to become a truly international manufacturer and provider of wood product solutions for our global customers,” said Don Kayne, President and Chief […]
Sorainen together with Swedish law firm Wistrand, advised the leading European underwear brand for women, Miss Mary of Sweden on establishing partnership with Scope, a Nordic growth equity fund. “Miss Mary has been privately held by entrepreneurs since inception and for the past 30 years owned by Peter af Burén. Partnering with Scope allows us […]
Sorainen advised Havas Media Group in acquiring 51% of the shares in Idea Group, which is said to be one of the biggest investments in the Baltic marketing and communications market. Havas was founded in Paris in 1835 and is now one of the world’s biggest communication agencies with a turnover of more than EUR […]