-
We advised on the sale of a consumer goods business line
We advised Balti Kella on the sale of its consumer and household goods wholesale business to Apper. The transaction involved the sale of the business as a going concern. Our services Our partner Piret Jesse assisted the client in structuring the transaction and negotiating the agreement, ensuring that the client’s interests were protected in all aspects of it – […]
-
XTEND and JFB announce definitive USD 1.5 billion merger agreement
Sorainen is assisting XTEND – a technology company that develops AI‑assisted tactical unmanned aerial systems (UAS) – with Latvian and Estonian law aspects related to the merger between JFB Constructions (USA) and XTEND (Israel). The merger has the aim of creating an autonomous defence and security systems company, combining an AI-driven robotic operating system with […]
-
Sectra acquires autonomous radiology AI startup Oxipit
We advised Oxipit, a Lithuanian startup specialising in AI-based solutions for radiology, on the sale of its shares to Sectra, an international medical imaging IT and cybersecurity company. Oxipit holds the first CE Class IIB certification for autonomous AI in chest X-ray analysis. Oxipit’s ChestLink is a leading example of this autonomous approach. Within its […]
-
Evergreen Garden Care has acquired Agaris Latvia
We advised Evergreen Garden Care, an Exponent portfolio company, on the acquisition of Agaris Latvia. About the acquisition The transaction, together with the acquisition of other Agaris entities in France, Poland and Belgium will help Evergreen Garden Care in significantly expanding its continental footprint. Agaris group is the leading producer and distributor of high-quality substrates, […]
-
Exceptional outcome from a peat extraction dispute
We represented a client in a dispute with the Estonian Environmental Board, which had refused to extend a peat extraction permit, despite significant peat remaining unextracted within the existing production area. As a result of the judicial and administrative proceedings, we achieved an exceptional outcome for the client: during the course of the proceedings, a […]