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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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A fair settlement reached for If P&C Insurance
Sorainen’s team of lawyers successfully represented the insurance company If P&C Insurance AS in legal proceedings which involved complicated issues of insurance law, regulation of consumer rights, competition law, and the boundary between civil proceedings in court and supervision by supervisory authorities during administrative proceedings. The proceedings also involved a number of complex procedural issues, […]
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BaltCap acquires majority stake in Hansab
We are advising BaltCap, the largest private equity manager in the Baltics, on acquiring a 70% share in the leading Baltic automation services provider Hansab Group. Expansion in focus Founded in 1991, Hansab develops and provides security, cash handling, point of sales, parcel handling, queuing, parking and other automation solutions and services to its B2B […]
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Stena Line acquires ferry and RoRo port operations in Ventspils
We advised our client Stena Line on a transaction involving acquisition of the operations of the ferry and RoRo terminals at the Port of Ventspils, Latvia. About the acquisition The acquisition in Latvia is the latest of several moves to support Stena Line’s long-term expansion in the Baltic Sea region, which is fast developing economically. […]
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BITE Latvija receives green light to use frequencies enabling its 5G services
Sorainen advised BITE Latvija, one of the biggest ICT companies in Latvia providing mobile and fixed communication services, on a major legal project involving obtaining of the rights to use frequencies enabling 5G services. In order to start providing 5G services, Bite Latvija needed to acquire permission from the Latvian Public Utilities Commission (PUC) to […]