Sorainen has advised the Marketing Investment Group on its acquisition of more than ten stores in Lithuania and Latvia from retailer Bogvila. The seller was represented by SGKA Legal.
Sorainen has advised Henkell & Co.-Gruppe, a Germany-based international producer and distributor of alcoholic beverages that belongs to the Oetker Group, on the acquisition of a majority stake in Filipopolis, an importer and distributor of alcoholic drinks in Lithuania. Glimstedt advised Filipopolis on the deal.
Bird & Bird's Warsaw office has advised a joint venture of two private Lithuanian energy groups, E-Energija and Sun Investment Group, on the acquisition of a 42 MWp portfolio of solar projects with a contract for difference secured under Poland's current support system for renewable energy (in the form of renewable auctions). The seller, Polish solar developer R.Power Renewables, was represented by White & Case.
Tvins has advised Easy Debt Service, a Lithuanian debt management company, on a EUR 95 million loan portfolio purchase from the bankruptcy administrator of four credit unions: Vilniaus Taupomoji Kasa, Nacionaline Kredito Unija, Laikinosios Sostines Kreditas, and Svyturio Taupomoji Kasa. The seller was represented by ZRG.
Sorainen and Brandl & Talos have advised investment company Novalpina on the public offer by its Odyssey Europe AS subsidiary to acquire all the shares in the listed Estonian gaming group Olympic Entertainment Group, following which — assuming shareholder approval — Odyssey will delist OEG from the Nasdaq Tallinn Stock Exchange, then merge the two companies.