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Sorainen assisted Bridgestone, a global producer of tyres and other rubber products, with implementing the General Data Protection Regulation (GDPR) in its group company in Latvia and its branch in Lithuania, also taking into account the client’s activities in Estonia. Sorainen did a full GDPR audit, reviewed the client’s existing data processing activities, and provided […]
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Sorainen Belarus assisted the European Bank for Reconstruction and Development (EBRD) with the sale of its share in Commercial and Industrial Group West-Ost Union, owner of the children’s goods retail chain operating under the “Buslik” trademark (Buslik). The retail chain started operations in 2006 and now holds the leading position in the retail segment of […]
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Sorainen advised Inchcape International Holdings Limited, a wholly owned subsidiary of Inchcape plc, on entering into an agreement to acquire the exclusive BMW distribution business in Lithuania. Inchcape received merger clearance from the Lithuanian Competition Council on 21 December 2018. This acquisition further strengthens Inchcape’s relationship with BMW Group – a core brand partner – in […]
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Sorainen advised A-Ülevaatust on its acquisition of Rael’s inspection stations. A-Ülevaatus is the biggest vehicle inspector in Estonia, operating in Tallinn, Tartu, Viljandi, Rakvere and Räpina. Says Andres Soots, A-Ülevaatus board member: “Together with the purchase-sale agreement we acquired the customer database as well”. He added that personnel will stay the same. The Sorainen advisory team […]
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Sorainen represented Swedish company Bergvik Skog in the sale of its forest properties in Latvia to another Swedish company, Södra. The sale transaction was carried out by divesting Bergvik Skog subsidiaries in Latvia. The subsidiaries own 111,100 ha of land, whereof 80,300 ha are covered by productive forest. The transaction sum amounted to EUR 324 […]