Angel Training Course 2026

Jenoptik acquires Fima ITS businesses in Lithuania and Latvia

We advised Jenoptik, a global technology group operating in the photonics market, on the acquisition of 100% shares of UAB Fima ITS in Lithuania and, indirectly, SIA Fima ITS in Latvia. The companies operate in the Lithuanian and Latvian markets in the field of intelligent transportation systems (ITS), providing a comprehensive range of services and technologies designed to enhance transportation infrastructure, road safety, […]

We advised on the sale of a consumer goods business line

We advised Balti Kella on the sale of its consumer and household goods wholesale business to Apper. The transaction involved the sale of the business as a going concern. Our services Our partner Piret Jesse assisted the client in structuring the transaction and negotiating the agreement, ensuring that the client’s interests were protected in all aspects of it – […]

XTEND and JFB announce definitive USD 1.5 billion merger agreement

Sorainen is assisting XTEND – a technology company that develops AI‑assisted tactical unmanned aerial systems (UAS) – with Latvian and Estonian law aspects related to the merger between JFB Constructions (USA) and XTEND (Israel). The merger has the aim of creating an autonomous defence and security systems company, combining an AI-driven robotic operating system with […]

Sectra acquires autonomous radiology AI startup Oxipit

We advised Oxipit, a Lithuanian startup specialising in AI-based solutions for radiology, on the sale of its shares to Sectra, an international medical imaging IT and cybersecurity company. Oxipit holds the first CE Class IIB certification for autonomous AI in chest X-ray analysis. Oxipit’s ChestLink is a leading example of this autonomous approach. Within its […]