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We advised DOORopener on acquiring a 50% stake in MCC Group. As a result of this transaction, Hansa Candle, the largest candle manufacturer in the Baltics and one of the largest employers in Viljandi, Estonia, will now have one owner. The transaction is financed by Coop Pank. Well-known brand Founded in 1996, Hansa Candle is […]
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We advised Milrem Robotics, the leading developer and manufacturer of military robotic land systems in Europe, on securing an investment from Krauss-Maffei Wegmann (KMW), the German systems house for main battle tanks and combat systems. A beneficial partnership As part of the investment, KMW will acquire a 24.9% shareholding in Milrem Robotics which will remain […]
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We advised Graphic Packaging International (GPI) in the acquisition of AR Packaging Group from CVC Capital Partners Fund VI. We advised the client in relation to Estonian law aspects of the deal, acting as local counsel through the Stockholm office of DLA Piper. Significant value creation opportunities Graphic Packaging, a leading vertically-integrated provider of sustainable […]
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We assisted the Swedish-based company Storskogen in acquiring a majority of the shares in Scandia Steel – a leading Scandinavian supplier of steel pipe piles in foundation and foundation reinforcements. Manufacturing takes place in Kretinga, Lithuania Scandia Steel has 94 employees and a turnover of almost EUR 40 million. The company’s product development and sales […]
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We advised YIT, the largest Finnish and one of the leading construction companies and urban environment developers in Northern Europe, on the sale of it’s paving and mineral aggregates business in Estonia to KMG Inseneriehitus. YIT to focus on urban development The transaction, expected to be completed in the second quarter of 2021, comprises the […]