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Sorainen Advises Fenner Dunlop on Pan-Baltic Acquisition of Technobalt

Sorainen Advises Fenner Dunlop on Pan-Baltic Acquisition of Technobalt

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Sorainen has advised Fenner Dunlop, a part of the Michelin Group, on its acquisition of Technobalt Estonia.

Financial details of the transaction, which remains subject to approval from the Estonian Competition Authority, were not disclosed.

Technobalt designs, operates, and maintains conveyor systems in Estonia, Latvia, and Lithuania.

Sorainen’s team included, in Estonia, Partner Piret Jesse, Counsels Lauri Liivat and Pirkko-Liis Harkmaa, Senior Associates Piibe Lehtsaar and Robin Teever, Associates Liisa Maria Kuuskmaa and Nele Suurmets; in Latvia, Partner Eva Berlaus, Counsel Andis Burkevics, and Senior Associates Natalija Sestakova and Marika Grunte; and in Lithuania, Senior Associates Monika Malisauskaite-Vaupsiene, Aurelija Daubaraite and Jonas Kiauleikis, Associates Lukas Vaisvila, Dobile Minkute, Jurgita Tekoriene, and Sidas Sokolova.

The firm did not reply to an inquiry about the deal.