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Gren acquires Rīgas Enerģija
With our assistance, the Northern European green energy company Gren has completed a transaction to acquire Rīgas Enerģija, a sustainable energy producer in Riga, adding to its fleet a biomass combined heat and power plant (CHP) that uses a local, renewable energy resource – woodchips – to produce clean and price-competitive heat energy and electricity. […]
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Straumann Group acquires Med Grupė’s businesses in the Baltics
We advised Straumann Group, a global leader in tooth replacement and orthodontic solutions, on acquiring Med Grupė, a distributor of dental products in the Baltic states. Following the completion of the transaction, Straumann will have its first subsidiaries in Estonia, Latvia and Lithuania, allowing the group to expand its business in this region further. Straumann […]
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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 […]
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Process of transformation of PrivatBank
We provided legal support to PrivatBank in transferring its client portfolio and part of its assets and liabilities to Industra Bank. The total of the loans included in the transaction was approx. EUR 25 million, and the amount of deposits exceeded EUR 50 million. The transaction received the permission of the Financial and Capital Market […]
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Invalda INVL completes the acquisition of Mandatum Life’s Baltic insurance business
We assisted asset management group Invalda INVL in completing the acquisition of Mandatum Life’s Baltic insurance business. Mandatum Life is one of Finland’s largest life insurance companies, which also operates in the Baltics through branch operations across Lithuania, Latvia, and Estonia. INVL will now be able to offer both existing and new clients additional tailored […]