Sorainen advised NEPI Rockcastle on its acquisition of 100% of the shares in Ozantis, which owns the Ozas shopping and entertainment centre in Vilnius, from a company in the Hamburg-based ECE group. With an aggregate purchase price of EUR 124.6 million, this is one of the largest single property real estate investments in the Baltic […]
Deals & Cases
Sorainen Estonia advised Hobbiton, the Estonian handicraft log home producer, on its merger with another Estonian log house producer, Saulerman. The merger agreement was signed last week. The company will continue operating under the Hobbiton name. With 52 employees on the payroll, the company is a substantial employer in the local community in Southern Estonia. […]
Sorainen advised Estonian e-cigarette seller Nicorex Baltic, which together with retailer Veipland acquired competitor Elgery Group. As a result of the transaction, 10 SKYsmoke shops merged with 11 Veipland shops into a joint Veipland retail chain. Transition to the new brand and unification of client service standards will take place soon. Remarked Piret Lappert, senior […]
Tallinn City mayor Taavi Aas has formed a working group tasked with developing an anti-corruption strategy for the city. The Sorainen white-collar investigation team, consisting of counsel Norman Aas, partner Carri Ginter and associate Merika Nimmo, has been invited by Tallinn City government to participate in the working group as external advisor. The Sorainen team […]
