TechX Technologies Inc. (OTC: TECXF) entered into a share purchase agreement to acquire a 100% interest in Mobilum OÜ for C$16,000,000. TRINITI’s team consisting of Ergo Blumfeldt, Ain Kalme, Sten Veidebaum and Peeter Mõtsküla advised TechX Technologies Inc. in Estonian local law matters for the share purchase agreement and in conducting a legal due diligence. Read more
The Estonian national airline Nordic Aviation Group (Nordica) and the Polish national carrier Polskie Linie Lotnicze LOT S.A (LOT) reached an agreement to end their joint venture in Regional Jet OÜ (Xfly). Nordica purchased LOT’s 49% share in Xfly, a leading European ACMI-services provider, after which Nordica became its sole shareholder. TRINITI transport & infrastructure legal team – partner Tõnis Tamme and senior associate Ain Kalme, advised Nordica in the contract negotiations and assisted with the closing of the transaction.
A Finnish family-owned Fincumet Group Oy purchased the majority share of Birger OÜ (https://birger.ee/), the largest manufacturer of hooklift containers and steel structures in Northern Europe. TRINITI transactions team: Tõnis Tamme, Ain Kalme and Mikk Põld advised the sellers in the contract negotiations, legal preparation of the transaction and closing of the share transfer. Read more
TRINITI advised Lemonade Stand, new Estonian pre-seed & seed stage investment firm in one of its first investments. Lemonade Stand lead a round of 600 000 eur into ProcurementFlow, cloud-based software company for fully digitized procurement workflow. The other investors included Pipedrive co-founder Martin Henk, and Bolt co-founder Martin Villig, AdCash founder Thomas Padovani, Bellone Invest, Stagnation Lab, Katana MRP co-founder Kristjan Vilosius, Skeleton Technologies founders Taavi Madiberk and Oliver Ahlberg. TRINITI team consisting of Ergo Blumfeldt, Ain Kalme and Maarja Lehemets assisted the client in carrying out due diligence of the company and negotiating the financing documentation.
TRINITI provides the security agent’s service to the investors of the Alexela Tanklad OÜ bonds. The bond securities provided by the issuer are held in the interests of the investors by TRINITI’s 100% subsidiary company
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.