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European Legal update: 22.07. – 04.08.2025.
Legal assistant Viktorija Markovaite and trainee Ugnė Kačergytė compiled the material. Environment Commission introduces voluntary sustainability reporting standard for SMEs Published: 31 July 2025 The European Commission has adopted a Recommendation introducing a voluntary sustainability reporting standard for SMEs (VSME). This standard, developed by EFRAG, the Commission’s technical advisory body for sustainability reporting, aims to […]
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Mantinga Group acquires Dutch frozen bakery distributor F&L Sales B.V.
We advised Mantinga Group – one of the leading producers of frozen bakery goods, snacks, and bread in the Baltics – on the acquisition of F&L Sales B.V., a Dutch company that will now operate as the new group division Mantinga Netherlands. F&L Sales B.V. is a long-established independent distributor of frozen baked goods in […]
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European Legal update: 11.06. – 07.07.2025.
Legal assistants Povilas Virbašius and Viktorija Markovaite compiled the material. Competition & Regulatory | Energy & Infrastructure New State Aid Framework to Support Clean Industrial Transition Update: 25 June 2025 The European Commission has adopted the Clean Industrial Deal Framework (CISAF), a new State aid framework aimed at accelerating the EU’s shift toward clean energy, […]
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OC VISION completes debut bond issue
OC VISION, the largest vision care company in the Baltics, has successfully raised EUR 10 million through its first public bond offering with a fixed annual coupon rate of 6%. Total demand for the secured bonds reached EUR 13.1 million, oversubscribed by more than 130%. About the bond offering The offering attracted interest from both […]
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Metsä Group completed the divestment of its wood supply business in Latvia
We advised Metsäliitto Cooperative, a Finnish forest industry sector player, on selling its subsidiary Metsa Forest Latvia SIA to ACA Timber SIA. About transaction The arrangement aims further to increase the flexibility of Metsä Group’s wood supply. The divestment of the Latvian wood supply operations will not have a material financial impact on Metsä Group’s wood supply and […]