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We acted as Latvian legal counsel to the lenders – NORD/LB Norddeutsche Landesbank, Nordic Investment Bank, and Luminor Bank – in the EUR 75 million financing of a 148-MWp photovoltaic (PV) plant in Latvia, developed by Stelo Orienta SIA. This project, supported by the European Union under the InvestEU Fund, is sponsored by European Energy […]
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Deals & Cases / Jānis Līkops, Roberts Prūsis, Raminta Karlonaitė-Durnan, Robin Teever, Aija Lasmane, Alise Igale, Andis Burkevics, Ieva Andersone, Ieva Prūse, Inese Heinacka, Kate Berlaua, Māris Liguts, Māris Simulis, Mariuss Raits Bergmanis, Nauris Grigals, Santa Rubīna, Santa Prauliņa, Vita Berlaua, Zanda Frišfelde
We advised Inter IKEA Group on its acquisition of the IKEA retail business in the Baltics. The purchase included three full-size IKEA stores, five additional smaller customer meeting points, the business’s e-commerce platform, and the Digital Retail Development company. Currently, the IKEA retail operations in the Baltics employ 1,450 co-workers, and 6.6 million people visited IKEA stores […]
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Deals & Cases / Nauris Grigals, Jānis Taukačs, Aija Lasmane, Līva Aleksejeva, Alise Igale, Ieva Zariņa, Kristiāns Dzerkaļs, Kate Berlaua, Zane Akermane, Zanda Frišfelde, Māris Simulis
Sorainen advised L Catterton, one of the world’s leading private equity investment companies focused on investing in consumer segment companies and brands, on its acquisition of a majority stake in Stenders, a Latvian-based premium bath and body care products manufacturer. About the transaction The deal is expected to accelerate Stenders’ international expansion and strengthen its […]
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We represented IK Partners in the sale of Carspect Group to TÜV SÜD. The financial terms of the transaction have not been disclosed. Headquartered in Bromma, Sweden, Carspect Group is a leading provider of vehicle inspection services in Sweden, Estonia and Latvia. It carries out a range of vehicle services, including control, follow-up and registration […]
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We assisted Patria, a company owned by the Finnish and Norwegian states, an international provider of defence, security and aviation life-cycle support services, technology solutions and pilot training, in opening a new armoured vehicle production facility in Valmiera, Latvia. About project We have been a part of the project from the very beginning, and helped […]
