News not to be missed

The owners of Latvian brewer Valmiermuižas alus SIA have signed an agreement with beverage producer and brewery, Cēsu alus AS, regarding the sale of shares of Valmiermuižas alus SIA. The deal is subject to approval by the Competition Council.  COBALT..

Aspo, a company listed on the official list of Nasdaq Helsinki, has sold its Leipurin business to Lantmännen, an agricultural cooperative and Northern Europe’s leader in agriculture, machinery, bioenergy, and food products. The transaction has an enterprise value of EUR..

Hepsor Latvia OÜ, a subsidiary of Hepsor AS, has acquired a 100% shareholding in the Latvian company Starta 17 SIA. Starta 17 SIA owns a property located at Starta iela 17 in Riga. Three 14-storey apartment buildings, comprising a total..

COBALT advised the technology company MuRayTech on concluding agreements between founders and raising capital. MuRayTech’s founders are physicists and deep-tech entrepreneurs Andi Hektor and Kristjan Põder. The company operates in Tallinn, Hamburg, and Cambridge. MuRayTech brings together expertise in lasers,..

Global Communications Infrastructure LLC, backed by Manulife Investment Management – which provides global investment services, financial advice, and retirement plan solutions to 19 million individuals – has successfully entered into a 50/50 partnership with Tele2 to carve out telecom infrastructure..

Latvia is set to get more clean energy as a result of almost EUR 85 million in international financing for renewable-electricity provider Sunly. Estonia-based Sunly will use the loans from the European Investment Bank (EIB), the European Bank for Reconstruction..

Lithuanian investment fund Practica Venture Capital III KŪB has invested EUR 2,4 million in Handwave, a Latvian biometrics and fintech company that specialises in developing user-friendly and secure authentication and payment systems through the use of palm-scan technology. This funding..

Repsol’s venture capital fund, listed on the Spanish stock exchange, has acquired a minority stake in Stargate Hydrogen to strengthen the Estonian company’s position as an international technology leader and boost its competitiveness in the global renewable hydrogen sector. Stargate..