Sorainen has advised Medilink, a medicine and laboratory product supplier in Latvia, on the sale of its product distribution businesses, Roche diagnostics solutions and Sysmex haematology solutions, to Roche Latvija. Cobalt advised the buyers. Completion of the transaction is subject to the approval of Latvian Competition Council.
Roche Group is the world’s largest biotech company, headquartered in Basel, Switzerland, and active in over 100 countries. In 2017 it employed about 94,000 people worldwide.
The Cobalt team included Latvia Partner Indriķis Liepa and Associate Ivo Maskalans.
Sorainen’s team included Managing Partner Eva Berlaus and Associate Liva Aleksejeva.
Sorainen did not reply to our inquiries on the matter.