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We are assisting BinDawood Holding, a listed Saudi company operating across retail, distribution, technology and manufacturing, in the acquisition of dairy business assets of a leading Estonian dairy company E-Piim Tootmine. Through the acquisition, BinDawood Holding is entering the Baltic dairy industry on a significant scale. The Saudi group plans to build on E-Piim’s existing […]
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Deals & Cases / Kätlin Sehver, Kaupo Lepasepp, Mihkel Miidla, Britta Retel, Anu Liinsoo, Jorens Jaunozols, Linda Sarāne-Reneslāce, Inese Heinacka, Vita Berlaua, Krišjānis Knodze, Juris Steņins
We advised Sunly on preparing and negotiating EPC contracts for the construction of Estonia and Latvia’s largest battery energy storage systems. The project forms part of broader cooperation between Sunly and Rolls-Royce across the Baltic States, which includes five utility-scale battery energy storage systems in Latvia and Estonia, with a combined capacity of nearly 800 […]
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We advised Vance Inc., operating under trading name Aspora, a US-based fintech company, on its acquisition of a controlling stake in UAB Hokodo, a Lithuanian electronic money institution. The Bank of Lithuania approved the acquisition of a shareholding exceeding 50% of the share capital and voting rights in UAB Hokodo, enabling Aspora to acquire control […]
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We advised Saules BESS, a Latvian developer of battery energy storage systems (BESS) integrated with solar energy infrastructure, on the structuring and issuance of secured bonds and subordinated bonds to support their business expansion. About the project The newly installed BESS units will be co-located with existing solar power plants. This will enable the implementation of […]
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We advised financial investor Neverest Capital on the sale of part of its stake in Credit Union Saulėgrąža to Polish private equity fund Enterprise Investors Fund IX and the Fund’s EUR 21.8 million investment into the Credit Union. Following completion, Neverest Capital will remain a minority shareholder in Saulėgrąža. Saulėgrąža is one of the largest […]