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Wildix secures investment from Livonia, paving the way for revolutionary retail communication
We assisted the Wildix group in securing an investment from Livonia, one of the largest private equity investors in the Baltic region. Wildix is an innovative software company focused on cloud and browser-based unified communications solutions and VoIP products. Wildix has been recognised as one of the leading players in UCaaS. The purpose of the […]
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SAPA acquires Promens Holding, one of Estonia’s largest plastics companies
We advised Berry Global, a US-based manufacturer and seller of plastic packaging products, in the sale of its shareholding in Promens Holding OÜ to SAPA S.p.A., an Italian industrial group specialising in the production of cutting-edge components for the automotive industry. As part of the transaction, SAPA also acquired Promens Zevenaar N.V., the Dutch entity […]
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Sorainen successful for virtual currency service providers in the licensing process
Our fintech experts advised various virtual currency service providers in the licencing process under Estonia’s reformed AML Act. Our work included both obtaining new virtual currency service provider licenses as well as the renewal of existing VASP licences. Renewal of existing licenses We were engaged by Auto Coin Payments, the operator of the marketplace AutoCoinCars […]
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Over 500 investors participated in the secondary public offering of Saunum’s shares
We advised Estonian sauna solutions producer Saunum Group, on the secondary public offering and the admission to trading of new shares on Nasdaq Baltic Alternative market First North. Elevated interest from strategic partners In the course of the offering aimed at Estonian investors, 507 investors participated, and a total of 144 196 shares were subscribed […]
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Unique matter relating to transfer of company to a minor
We advised a wealthy private individual in complex legal matters related to the transfer of a company to a minor. Helping to secure financial independence The parents wanted their minor child to have accumulated enough assets by the time she reached adulthood to help her become financially independent. For this purpose, the parents set up […]