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Lawyers from Deloitte Legal's Lithuanian and Estonian offices have advised Lonas UAB, a manufacturer of mattresses and beds, on its acquisition of Estonia's Dreamland Home OU, a retailer and wholesaler of bedroom products, from ITIS Holding OU. Kaevando & Partnerid advised the sellers on the deal.

Sorainen has advised the Bite Group on a EUR 700 million bond issuance and refinancing. Latham & Watkins and Ellex reportedly advised initial bond purchasers and mandated lead arrangers Citigroup Global Markets Limited, Deutsche Bank AG, London Branch, ING Bank N.V., London Branch, and UniCredit Bank AG.

TGS Baltic has appointed Estonian Partners Kadri Kallas and Leonid Tolstov, Latvian Managing Partner Ivars Grunte and Partner Andra Rubene, and Lithuanian Executive Partner Marius Matonis to the firm's board and has elected Lithuania Managing Partner Vilius Bernatonis as Chair of the Board.

“Overall, Estonia is doing great as a democracy, with a solid rule of law and dedication to the EU and international cooperation,” says Kaupo Lepasepp, Partner at Sorainen in Tallin. “To be fair, we have seen a slight turn towards conservatism, even though not a harsh one. One of the members of the ruling coalition is close to right-wing politics, so he is dictating a right-wing tone to the coalition as a whole.”

Cobalt's Tallinn office has advised Laurus — a joint venture of the clients of Partners Group and Northern Horizon Capital — on the sale of the building housing SEB`s head office in Tallinn to East Capital Real Estate IV. Fort Legal advised the buyer on the transaction, which was valued at EUR 45.75 million.

On May 7, 2020, CEE Legal Matters reported that Sorainen had represented Tallinna Linnatranspordi Aktsiaselts, a company fully owned by the City of Tallinn, in its purchase of compressed gas for natural gas-powered buses. We spoke with Deniss Borodits, Chairman of the Board at Tallinna Linnatranspordi, to learn more about the deal.

It is with great pleasure that we announce the 2019 CEE Deal of the Year Award winners – the most important, complicated, significant, and valuable deals across Central and Eastern Europe.

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