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Sorainen and Cobalt Advise on Sale of Hohle to HellermannTyton

Sorainen and Cobalt Advise on Sale of Hohle to HellermannTyton

Estonia
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Sorainen has advised Lagrotte and the Net Systems Group on selling Hohle to HellermannTyton. Cobalt advised the buyer.

Hohle is an Estonian micro duct system manufacturer for fiber optic cables.

HellermannTyton supplies products for fastening, fixing, identifying, and protecting cables and their connecting components.

"In addition to the acquisition of Gabocom in 2019, this further enhances HellermannTyton’s market position in the fiber broadband market," HellermannTyton Group President Andrew Leyland commented.

The Sorainen team included Partners Toomas Prangli and Karin Madisson, Counsel Lauri Liivat, and Associate Kristi Tammiku.

The Cobalt team included Partner Martin Simovart, Managing Associate Jesse Kivisaari, and Associate Getter Villmann.

Cobalt at a Glance

COBALT is a closely integrated alliance of top-tier law offices across the Baltics, uniting more than 250 attorneys and support staff. During 25 years of experience, we have become a strategic partner to our clients in handling both daily matters and complex large–scale transactions and disputes.

The firm’s broad spectrum of expertise and established position as the market leader gives a comprehensive basis for providing full-service business law advice.

Top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups are among our clients. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 7 times receiving Chambers Europe, IFLR, The Lawyer and Mergermarket awards, and we are regularly listed amongst the top-performing M&A legal advisors in the Bloomberg, Refinitiv and Mergermarket deal tables. Recognized as the No.1 Lithuanian law firm in the Prospera Law Firm Review 2021 and No. 1 law firm in Latvia in 2022, 2020, 2019, and 2018 client satisfaction surveys. We were recognized as a Baltic-wide Law Firm of the Year at the 2022 Chambers Europe Awards ceremony and named the Baltic States Tax Firm of the Year and Pro Bono Firm of the Year at the annual ITR EMEA Tax Awards 2021 ceremony. 

More information on COBALT can be found at www.cobalt.legal.