-
Strategic divestiture of fuelling and mobility services across eight countries
We advised a US-based industrial manufacturing company, Vontier, on the divestiture to TSG of the service operations of its portfolio company, Gilbarco Veeder-Root, across eight countries. The divestiture includes service operations in the UK, Finland, Denmark, Norway, Estonia, Sweden, Latvia and Lithuania. Bringing together the strengths of both companies By combining Gilbarco Veeder-Root’s trusted customer […]
-
Stena Line will obtain the rights to provide port operations in Liepāja
We are advising Stena Line on its planned acquisition of Liepāja port operator Terrabalt. By acquiring the Latvian company Terrabalt, Stena Line will take over the operation of the RoRo, bulk and general cargo terminal in Liepāja, Latvia’s third-largest port. About the acquisition The Liepāja port is managed within the framework of the Liepāja Special […]
-
Sunly receives almost €85 million international financing
We advised Sunly, a renewable energy producer, on securing a loan of almost EUR 85 million from the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), and SEB to build four solar parks in Latvia with a total capacity of 329 megawatts (MW) – enough to meet the annual electricity consumption of up […]
-
Activate Capital invests in Aerones
We assisted Activate Capital in relation to its investment in Aerones, a provider of robotic inspection, maintenance and AI-driven solutions for wind turbines based in Riga, Latvia. About the case Aerones has just raised 62 million USD in an investment round led by Activate Capital and S2G Investments, with participation from Carbon Equity and Overlap Holdings, […]
-
Change Ventures invests in EngyCELL
We are pleased to have supported Change Ventures with their investment in EngyCELL, a Latvian-based provider of personalised energy storage solutions. About the case EngyCELL offers personalised energy storage solutions that help users reduce energy costs, gain energy independence and participate in the energy market. Change Ventures, a leading Baltic venture capital fund, has invested […]