News not to be missed

Atlas Premium Lietuva, owned by Norwegian company Hofseth International through a Latvian entity, acquires seafood processing plant in Klaipėda FEZ from Espersen Lietuva. Following Espersen’s decision to end its 21-year operations in Lithuania and relocate production to Poland, Atlas Premium..

Redwire Corporation, a global leader in aerospace and defense technology solutions, has completed its acquisition of Edge Autonomy Intermediate Holdings LLC together with its subsidiaries, a leading provider of field-proven uncrewed airborne system technology. The transaction value amounted to USD..

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..

Sõbra Ärikeskus recently completed the sale of four retail properties across Estonia. These properties, leased by Bauhof — one of Estonia’s leading construction retail chains, part of Vilniaus Prekyba group — and A1000, a popular grocery and household items retailer,..

COBALT banking & finance and real estate & energy teams are honoured to have assisted European Investment Bank (EIB), SEB, and Luminor in connection with making available EUR 62 million in financing to Sunly’s subsidiary Metsapäike Risti OÜ to support..

PC Savas, the company that manages the Savas shopping centre in Kaunas and is indirectly controlled by Arvydas Avulis, Chairman of the Board at Hanner, is set to be acquired by NDX Group, the asset management and investment company of..

The insurance company BALTA filed a claim against the Latvian company UNITRUCK, which specializes in truck conversions. BALTA sought damages of nearly EUR 469,000, in addition to statutory default interest, following a truck fire during the warranty period. COBALT’s client,..

The Danish renewable energy developer European Energy has secured EUR 68 million in financing to construct a 148MWp solar farm in Latvia. The financing package comes from a consortium of financial institutions, including the Nordic Investment Bank (NIB), Luminor Bank,..