We provide Collateral Agent service for the acquisition of Sanoma Baltics AS, a company operating advertisement portals auto24.ee and kuldnebors.ee. The company was acquired by leading private equity and venure capital investor BaltCap and the Estonian management of the company. The transaction was partly financed by LHV pension funds under the bonds issued
We advised the investors aquiring the largest dental care company in Estonia, Kaarli Hambapolikliinik OÜ. Our assignment included drafting the transaction documentation and assistance in preparation of the transaction. Kaarli Hambapolikliinik OÜ provides dental care services in 40 modern treatment rooms in three clinics – Kaarli Hambaravi, Sõpruse Hambaravi and Ülemiste Hambaravi. The company also holds Kaarli Dantal Lab
LOT Polish Airlines acquired 49% of the share capital of Regional Jet Ltd, until now entirely owned by the Estonian national carrier AS Nordic Aviation Group which operates under the NORDICA brand. TRINITI legal team advised Nordica in the share sales and shareholder agreements negotiation, merger control procedures and closing of the transaction.
We advised Estonian real estate developer Helicom OÜ in acquiring an office building located in the centre of Tallinn from Seesam Insurance AS. As a result of the sale-and-lease-back transaction the fifth largest insurance company in Estonia will continue using the building. The assignment of TRINITI team included negotiation of the terms of the purchase and lease agreements and closing of the transaction
TRINITI transactions team advised the transfer of one of Estonia’s largest travel Agencies GoAdventure OÜ to Lithuanian listed company AB Avia Solutions Group, total value of the transaction ca 2.611 million Euros. By closing the transaction, AB Avia Solutions Group acquired 100% of the shares of GoAdventure. The buyer aims to merge GoAdventure with its group company Kidy Tour and continue to provide travel services in Estonia
Our Transactions team advised the Republic of Estonia, acting through the Ministry of Economic Affairs and Communications, in connection with the negotiations of the shareholders agreement of RB Rail AS, the joint venture created by three Baltic governments for the construction of Rail Baltic, a 5 billion EUR convenitional-fast European standard-gauge electrified railway from Tallinn to the Lithuanian-Polish border.
Our M&A team advises AS Amalfi, an Estonian private equity company in its acquisition of shares is Porto Franco, €160 million real estate development in Tallinn City Harbour
TRINITI lawyers consulted the client and presented two legal opinions on the European Commission’s claim in the recovery case. Legal opinions included evaluation of all possible actions against a legal entity, head and its member’s liability related to a Grant Contract for European Community External Actions. The matter including complicated legal issues as, considering one of the parties is the European Community, special jurisdiction and applicable law rules had to be applied in different procedures.
TRINITI team represented Deutsche Bahn International GmbH in four complex court cases against Lietuvos Geležinkeliai AB (Lithuanian Railways): two cases deal with the compensation of alleged losses due to the design works, recognition of the additional works and awarding the debt for the performed works and two other cases – with contractual penalties. The total value of the dispute is more than 30 million EUR.
TRINITI lawyers successfully represented well-known Lithuanian office furniture design and the production company in the dispute related to the infringement of the copyright and design rights. The competitor Lithuanian company ERGOLAIN brought the civil claim, which was dismissed.