News not to be missed

COBALT Law Firm advised RINA, a global engineering consultancy, inspection, and certification group, in its acquisition of Foreship group, a renowned company specialising in naval architecture and marine engineering, from Vaaka Partners and other shareholders. Headquartered in Helsinki, Foreship employs..

Eolus, a renewable energy developer, has sold a greenfield wind power project “Pienava” to Latvenergo, Latvia’s state-owned energy company. Eolus will continue to manage the development of this project until its completion. The wind farm is expected to start commercial..

Combiwood Grupp OÜ has reached an agreement with the shareholders of AS Toftan, under which Combiwood will acquire 100% of shares in AS Toftan. Completion of the transaction is subject to merger clearance from the competition authority. Following the acquisition,..

Hansab Group, a leading provider of technology solutions across the Baltics, has acquired a majority stake in Finnish smart lighting company C2 SmartLight, marking its strategic expansion into the Nordic market. With over 30 years of experience, Hansab is known..

Polish VC fund Balnord and Lithuania-based Coinvest Capital have contributed to a EUR 2.8 million seed round in Astrolight to support its mission of developing an end-to-end laser communication system. Astrolight, previously selected for NATO’s DIANA program and ranked among..

European Lingerie Group (ELG), a leading vertically integrated lingerie and textile company, has announced the acquisition of Baltika Group, one of the Baltic region’s most established fashion retailers. ELG produces lace and fabrics under Lauma Fabrics, medical textiles under Lauma..

Estonian company Defood OÜ has acquired 100% of shares of UAB “Delano” from UAB “Vilniaus prekyba.” UAB “Delano” operates the well-known restaurant chains “Delano” and “Can Can Pizza”. The transaction price is confidential. Defood OÜ is owned by the Estonian..

Bauer Media, one of Europe’s largest publishers, has acquired Clear Channel Group, one of the largest companies in the Out of Home (OOH) media sector. The estimated value of the transaction was USD 625 million. This acquisition strengthens Bauer’s core..