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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 […]
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Deals & Cases
Sorainen advised Livonia Partners and its portfolio company Ha Serv on a merger with another leading wood manufacturing company, Thermory. The merger agreement was signed on 27 July 2018 and the transaction was completed at the end of October. The merger of Thermory, the leading producer of thermally modified wood, and Ha Serv, Europe’s largest […]
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News
Sorainen has adopted Luminance’s artificial intelligence technology to streamline the M&A due diligence processes. We trialled ‘Luminance Diligence’ in a live cross-border M&A transaction, testing the technology’s ability to speed up and streamline the time-pressured review. With a data room containing over 600 documents in English, Estonian, Lithuanian, Latvian and Spanish, Luminance was able to […]
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News
Last night the most groundbreaking transactions in the region during the past 12 months were announced at the Baltic M&A and Private Equity Forum 2018 gala event in Tallinn. The most outstanding transactions are the acquisition of Magnetic MRO, Taxify’s fundraising, Euroapotheca’s acquisition of Apoteksgruppen and the IPO of the Port of Tallinn. Here is […]