SORAINEN Estonia is assisting Betoonimeister, an Estonian company involved in manufacturing articles from concrete, cement and plaster, in its acquisition of TM Betoon, a ready-mix concrete provider based in Tartu, Estonia, as a going concern asset transaction. SORAINEN is advising the client throughout the process, from drafting transaction documents, conducting negotiations, obtaining merger clearance to assisting with closing. The case involves a challenging new approach to defining the market to competition authorities.

Led by partner Toomas Prangli, the SORAINEN team assisting the client also included senior associate Paul Künnap and associate Britta Pärk.