Mobile communications operator Bite Latvija has signed a purchase contract to acquire telecommunications company Baltcom for an undisclosed price. Until permission is received, both companies will continue operating independently. A step closer to the company’s long-term development aims Says manager Kaspars Buls of Bite Latvija: “I am satisfied with the agreement reached; this is a […]
On May 27 2019, Linstow signed a sale-purchase agreement for disposal of shopping centre Galerija Centrs to the Estonia-registered Baltic Horizon public real estate fund. New page in the history of the pearl of Baltic retail Galerija Centrs is a historic building in Riga Old Town. The sale-purchase agreement was signed by Northern Horizon Capital […]
Sorainen advised Practica Capital, a Lithuania-based venture capital fund, on its investment in Sonarworks. Dedicated Baltic venture capital fund Established in 2011 in Lithuania, Practica Capital is a dedicated Baltic venture capital fund focusing on investments in Baltic and Baltic-origin seed, early stage, and select growth stage technology ventures. Practica Capital manages several investment funds. […]
Sorainen as local counsel advised CEMEX, a leading global building materials company, on the sale of its activities in Scandinavia and the Baltic states to Schwenk, a building materials group headquartered in Ulm, Germany. The purchase price is approx EUR 340 million. In Latvia, Schwenk is taking over a cement production plant with a production […]
Sorainen provided corporate governance training to the Management Board of Novartis Baltics. The Sorainen team consisted of five experts: country managing partner Eva Berlaus, counsel Raivo Raudzeps, senior associates Zane Paeglīte and Marika Grunte and associate Agita Sprūde.