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Sorainen and Baker McKenzie Advise HP on Engagement of ALSO Holding in Lithuania, Ukraine, and Belarus

Sorainen and Baker McKenzie Advise HP on Engagement of ALSO Holding in Lithuania, Ukraine, and Belarus

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Sorainen and Baker McKenzie have advised Hewlett Packard Enterprise on its agreement to have Swiss-based ALSO Holding run its sales and services business in Lithuania, Ukraine, and Belarus. ALSO reportedly was represented by Cobalt.

US-based HPE provides IT, technology, and enterprise products, solutions, and services, while ALSO Holding offers services across the ICT value chain.

Under the agreement, ALSO will set up separate legal entities in Lithuania, Ukraine, and Belarus. These will operate independently to sell HPE offerings and related services. ALSO will also handle the responsibility for sales, channel management, services, and marketing functions.

According to Sorainen, ”this new model of cooperation will involve no changes to the daily operations of ALSO’s channel partners and no changes for the existing HPE partner ecosystem.”

“HPE is a global leader in IT infrastructure, and through our partnership with ALSO, we will continue to deliver our extensive portfolio of products and services to Ukraine, Belarus and Lithuania,” said Martin Kubala, Managing Director, East South Europe, HPE. ”This new initiative with ALSO will strengthen HPE’s position in the region and benefit current and prospective customers.”

Sorainen, advising on Lithuanian law aspects, worked on the corporate, employment, and property law part of the transaction. The firm's team included Partner Algirdas Peksys, Senior Associate Agniete Venckiene, and Associates Vytaute Janusaityte and Karolis Kunigelis.

Cobalt did not reply to our inquiries

 

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