Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Thursday, 02.07.2020, 16:20

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Seesam, Compensa complete merger

Seesam, Compensa complete merger

01.07.2020

The insurers Seesam and Compensa belonging to Vienna Insurance Group (VIG) have merged with the permission of the relevant authorities and, from July 1, will operate under the name Compensa Vienna Insurance Group, cites LETA/BNS.

Keyword tags: EU – Baltic States, Financial Services, Insurance, Legislation, Mergers and take-overs



INVL Baltic Sea Growth Fund plans to expand Eco Baltia business in Baltics and Poland during next five years

INVL Baltic Sea Growth Fund plans to expand Eco Baltia business in Baltics and Poland during next five years

30.06.2020

INVL Baltic Sea Growth Fund, the largest shareholder in environmental management company Eco Baltia, plans to expand Eco Baltia business in the Baltics and Poland during the next five years, as private investment fund INVL Baltic Sea Growth Fund Partner Vytautas Plunksnis said LETA.

Chapman Freeborn acquires Germany's Arcus Air Logistics

Chapman Freeborn acquires Germany's Arcus Air Logistics

19.06.2020

Chapman Freeborn, a British aircraft charter company that is part of the Avia Solutions Group (ASG), owned by Lithuanian businessman Gediminas Ziemelis, has acquired German company Arcus Air Logistics., informed ASG.


London-listed Boku buys Estonia's Fortumo for EUR 40 mln

London-listed Boku buys Estonia's Fortumo for EUR 40 mln

18.06.2020

The London-based company Boku has bought Fortumo, a mobile payment solutions provider founded by Estonians Rain Rannu and Veljo Otsason, for approximately 40 mln euros, according to the Postimees information reported LETA/BNS.

Amber Beverage Group considering acquisition of 49% stake in Lido

Amber Beverage Group considering acquisition of 49% stake in Lido

11.06.2020

Luxembourg-registered Amber Beverage Group is considering acquisition of a 49% stake in Latvia's Lido restaurant chain, LETA learned from Amber Beverage Group.


11.06.2020

UniPark parking lots to operate under EuroPark brand

As a result of EuroPark Latvia's takeover of Stova, the operator of UniPark parking lots, all UniPark parking lots in Riga will be operating under the EuroPark brand, LETA was told at the company.

11.06.2020

Amber Beverage Group to acquire 49% stake in Lido catering company

Luxembourg-registered Amber Beverage Group has acquired a 49 percent stake in Latvia's Lido restaurant chain, LETA learned from the competition watchdogs.

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