Sorainen has been advising ALPIQ, a leading Swiss-based European energy company, on a cross-border merger of its Lithuanian subsidiary into a European Company (“Societas Europaea”) registered in the Czech Republic.
The new company will be registered under the business name ALPIQ ENERGY. Sorainen advised on matters including the transformation of the legal form of the Lithuanian subsidiary in preparation for the merger.
According to Sorainen, “the merger is a part of Alpiq Group´s strategic efforts to centralize its trading activities in the CEE region and the Baltics under ALPIQ ENERGY in order to benefit from synergies within the energy portfolio, integration of teams and know-how.”
The Sorainen team was led by Partner Algirdas Peksys, and included Associates Agniete Venckiene and Evaldas Dudonis.