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Sorainen Estonia assisted DT Group Finland, part of the world’s leading specialist distributor of plumbing and heating products, in divesting 100% of Puukeskus shares in a management buy-out to Atso Matsalu, the long term CEO of the company. Puukeskus is the leading distributor of wood-based building materials in Estonia, having started operations in 1996. The […]
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SORAINEN advised Kindel Reklaam, Unicorpo and Trend in the sale of 50% shareholding in Linna Ekraanid to Ekspress Grupp. The parties have agreed that Ekspress Grupp will acquire the remaining 50% of the shares of Linna Ekraanid in 2019 and hence will become the sole shareholder of the company. Linna Ekraanid is engaged in the […]
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SORAINEN assists Oberthur Technologies Latvia in various employment law matters, including updating of employment contracts, drafting employment termination documents and representing the company in court against a former employee’s claim for payment of compensation for complying with an alleged non-compete obligation after termination of employment. Oberthur Technologies is a French secure technology company, providing digital […]
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SORAINEN advised Baltic Horizon, an investment manager focusing on specialized real asset investment strategies in Northern Europe, in signing a purchase agreement to acquire an office building in Riga from Bauplan Nord. Post-closing, Baltic Horizon’s portfolio will comprise seven objects worth over EUR 125 million. This is the second of Baltic Horizon’s deals following its […]
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SORAINEN Latvia is advising Storent on everyday employment matters, including employment termination, employment of management board members, as well as reviewing and updating the client’s internal policies and regulations. Storent is a leading construction and industrial equipment rental company in the Baltics with an extensive rental network throughout all three Baltic countries. The client is […]