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We are advising Fortum Corporation in the purchase by its subsidiary Fortum Heat Estonia who is acquiring a 40% stake in the district heating and cooling group Fortum Tartu from Giga. Increasing flexibility With the transaction, Fortum increases its ownership in Fortum Tartu to 100% (from 60%). With this step Fortum is looking to increase the flexibility […]
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We advised Communications & Power Industries (CPI) upon acquiring SATCOM Technologies, the antenna systems business of General Dynamics. The transaction was funded using a new committed debt financing. Wide range of products The newly acquired business will be called CPI Satcom & Antenna Technologies. It will be owned and operated as a subsidiary of CPI, […]
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Deals & Cases / Maksim Salahub, Viktoryia Mikhnevich, Aliaksei Vashkevich, Tomas Kontautas, Ann Laevskaya, Maria Rodich, Oliver Ämarik, Alesia Khadasevich, Tatsiana Zubarava, Anna Kasko, Alexey Fidek
We assisted ERGO Group with the sale of its Belarusian non-life subsidiary, ERGO Insurance Company, to Euroins Insurance Group, one of the leading independent insurance groups in the CEE/SEE/CIS region. The acquisition allows Euroins to enter the Belarusian insurance market and thus to continue its expansion in the region. In recent years Euroins has acquired […]
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We advised Danielius Merkinas and Česlovas Kazlauskas – the founders of domestic logistics service provider NNL LT – on acquiring a 44% stake in NNL LT from Litcapital through an acquisition vehicle. NNL LT is a leading logistics service provider focused on temperature-controlled goods, operating in Lithuania and Latvia. Consolidated revenue of the business exceeded […]
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Deals & Cases
Nasdaq CSD SE has completed a cross-border merger with Nasdaq CSD Iceland hf. Nasdaq CSD is headquartered in Latvia and also provides central securities depositary services in Lithuania and Estonia. With this transaction, it has consolidated Baltic and Icelandic CSD services under one company, thus achieving higher efficiency and greater competitiveness. After the merger Nasdaq […]
