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Carspect Group buys out minority shares in Latvian company Scantest
We advised Carspect Group, a leading provider of vehicle inspection services in Northern Europe, on buying out minority shares in Latvian company Scantest, which provides vehicle inspection services in Latvia. Our assistance included drafting transaction documents, assisting in negotiations, and assisting in completion of the transaction. Our team members were managing partner Eva Berlaus and […]
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Livonia Partners invests in Digital Mind
We assisted Livonia, one of the largest private equity investors in the Baltic region, with an investment in Digital Mind, a business process digitalisation specialist for large and mid-sized organisations in the Baltic States. About the transaction The purpose of the transaction is to facilitate the acquisition of 100% of the shares in EIP Dynamics, […]
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Tikedo acquires a majority shareholding in IMPAKS
Tikedo S.r.l., controlled by private equity firm White Bridge Investments, acquired a majority (75%) shareholding in the renowned Latvian company SIA IMPAKS, which specializes in producing labels for alcoholic beverages. Our role Sorainen advised the buyer (Tikedo) on the transaction. This included full-scope transaction advice for the buyer, including performing legal due diligence of the […]
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Nissan transfers all its operations in three Baltic markets to Nordic Automotive Services
We assisted Nissan Nordic Europe with the conclusion of an agreement with Bassadone Automotive Nordic on becoming the importer of new Nissan vehicles, parts and services in Estonia, Latvia and Lithuania under the entity Nordic Automotive Services. Under the partnership, all Nissan operations as well as all Nissan’s employees in the three Baltic markets will […]
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Gren continues to grow in Latvia
We advised Gren Latvija, one of the leading green energy companies in Latvia, part of Gren Group, in signing an agreement to acquire the green energy company Bioeninvest: a district heating system operator in the town of Gulbene, providing heating to ca. 1,000 customers. Client comment Ilkka Niiranen, CEO of Gren Group, comments: “I am delighted […]