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Largest Baltic deal of this decade: Salling Group completes acquisition of Rimi Baltic
We advised Salling Group, Denmark’s largest retail group, throughout its EUR 1.3 billion acquisition of the Rimi Baltic retail chain in Lithuania, Latvia, and Estonia. The acquisition was announced on 5 March 2025 and completed on 2 June 2025 after receiving the clearance from the European Commission and the FDI clearance in Lithuania. This is […]
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Exploring the possibilities of phosphorite use – two potential pathways
We advised the Geological Survey of Estonia on signing two contracts, the first step in exploring the possibilities of processing and mining phosphorite. Exploring the phosphorite value chain The first contract was signed in January with Prayon Technologies to test phosphorite processing using the hydrochloric acid method. Three and a half tonnes of phosphorite were […]
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What helps to support the competitiveness of the Estonian maritime industry?
We analysed seafarers’ rights to social security and the obligations of the Estonian state in providing these guarantees, having been commissioned by the Ministry of Climate. The analysis was based on Estonian laws, European Union regulations and international law. The issue is important, as countries compete strongly to attract ships to sail under their flag. […]
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Largest Baltic deal of this decade: Salling Group agrees to acquire Rimi Baltic
Salling Group, the largest retailing group in Denmark, agreed to acquire Rimi Baltic which operates retail chains in Latvia, Lithuania and Estonia. With a valuation of EUR 1.3 billion, this marks the largest Baltic transaction during this decade. Sorainen partner Laimonas Skibarka comments: “This will be one of the largest investments in the Baltics to […]
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An example of strategic partnership
We advised Scope in the divestment of Miss Mary, the leading niche underwear business, to the Czech e-commerce platform enterstore. A journey of growth In 2018, we advised Miss Mary on establishing a partnership with Scope, a private equity fund, and have now come full circle, advising them on Miss Mary’s divestment. This journey exemplifies […]