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Pohla & Hallmagi Advises Wraight Invest on Acquisition of Remainder of Hobby Hall Group

Pohla & Hallmagi Advises Wraight Invest on Acquisition of Remainder of Hobby Hall Group

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Estonia's Pohla & Hallmagi has advised Wraight Invest on its acquisition of the remaining 54% of Hobby Hall Group OU from fellow shareholders SGN Group Oy and Four P&P Consulting Oy. Finland's HPP Attorneys advised the Finnish sellers on the deal.

SGN sold its 46% shareholding and Four P&P sold its 8% shareholding, leaving Wraight Invest the sole shareholder of Hobby Hall. Wraight Invest — then operating as Hansapost — acquired its initial shareholding in Hobby Hall in 2018, with Pohla & Hallmagi advising Hansapost and HPP Attorneys advising Hobby Hall Oy and shareholders SGN Group Oy and Four P&P Consulting Oy (as reported by CEE Legal Matters on May 30, 2018).

As in that previous deal, the Pohla & Hallmagi team was again led by Partner Toivo Viilup and Counsel Madli Astok.