Sorainen assisted FREOR LT and its majority shareholder Rytis Bernatonis in the acquisition of a block of shares in FREOR LT by Baltics-based private equity fund Livonia Partners, which will acquire the shares from Central European private equity fund Mezzanine Management.

FREOR LT is the only manufacturer of commercial refrigeration equipment in the Baltic States. The company sells its products to Lithuanian, West European and East Asian retail chains operating all over the world.

Sorainen assisted the client during the legal due diligence and advised on the Shareholders Agreement and other transaction-related documents. The client was advised by partner Sergej Butov and associate Laura Matuizaitë.