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We advised MM prekyba, operating under the brand name Macadamia Nut Farm, on attracting an investment. The wholesale and retail company MM prekyba successfully attracted investment, sold 34% of the shares in the company to the investor, Baltijos biotechnologijos, and came to an agreement with the investor on company financing. Macadamia Nut Farm owns macadamia […]
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Sorainen Latvia assisted BayWa r.e. a leading global renewable energy developer, service provider, distributor and energy solutions provider, with the acquisition of Proelktro, a wholesaler of PV modules, inverters and other electrical components. About the transaction The transaction enables BayWa r.e. to implement its strategy to expand its presence in Baltics. Our assistance and team […]
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We advised Milrem Robotics, Europe’s leading developer of robotics and autonomous systems in the merger with EDGE Group, an UAE-based technology and defence group. EDGE Group, one of the world’s leading advanced technology and defence groups acquired a majority stake in Milrem Robotics, an Estonian robotics and autonomous systems developer. Milrem Robotics’ mission is to […]
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The Estonian Parliament adopted the Foreign Investment Reliability Assessment Act on 25 January 2023. The Act is set to enter into force on 1 September 2023. The primary objective of the Act is to screen both direct and indirect investments made by non-EU investors in strategically important and sensitive areas in Estonia.