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Derling Primus Advises Linnamae Lihatoostus on Sale of Shares to Up Invest

Derling Primus Advises Linnamae Lihatoostus on Sale of Shares to Up Invest

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Derling Primus has advised the shareholders of Estonia's Linnamae Lihatoostus wild game meat producer on the sale of shares in the company to UP Invest.

The transaction closed following the approval of the Estonian Competition Authority.

Established in 1987, Linnamae Lihatoostus produces up to 1000 tons of game meat products annually, and UP Invest, which was founded in 2012, is an Investment company that invests in health care, media, consumer brands, real estate, and CleanTech venture capital.

The Derling Primus team consisted of Partners Rolan Jankelevitsh and Hannes Vallikivi and Associate Kaisa Uksik. 

Editor's Note: After this article was published, Derling Primus informed CEE Legal Matters that its clients were Linnamae Lihatoostus shareholders Magnus Ruutel, Tarmo Kula, and Indrek Loorens.

In addition, Eversheds Sutherland Ots & Co announced that it advised UP Invest on the acquisition. Its team included Managing Partner Maivi Ots, Partner Risto Ruutel, Associate Kadri-Catre Kasak, and Lawyers Kristi Joemets, Jaanus Rihkrand, and Marja Stina Saaliste.

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