Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Wednesday, 23.05.2018, 09:49

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Amber Beverage Group acquires majority stake in Think Spirits Australia

Amber Beverage Group acquires majority stake in Think Spirits Australia

23.05.2018

Amber Beverage Group, the leading producer, distributor and retailer of alcoholic beverages in the Baltic states, has completed acquisition of a majority stake in Think Spirits Australia, the company reported LETA.

Keyword tags: Alcohol, Latvia, Legislation, Markets and Companies, Mergers and take-overs



Webhelp buys majority of Riga-based Runway BPO shares

Webhelp buys majority of Riga-based Runway BPO shares

18.05.2018

Global business process outsourcer (BPO) and customer experience company Webhelp has acquired the majority of shares in Runway BPO, a multilingual nearshore BPO firm servicing Scandinavian and international customers, Runway Group announced LETA.

Number of M&A transactions in Estonia up 60% in Q1

Number of M&A transactions in Estonia up 60% in Q1

15.05.2018

According to consultation company KPMG, there were altogether 60% more mergers and acquisitions (M&A) carried out in Estonia in the first quarter of 2018 than in the same period the year before, informs LETA/BNS.


Rimi Lietuva, Iki merger fails completely

Rimi Lietuva, Iki merger fails completely

09.05.2018

After Lithuania's Competition Council blocked Rimi Lietuva's bid to buy Iki in April, Rimi's Swedish owner ICA Gruppen has decided against appealing the decision and will look for other ways of expansion, the Verslo Zinios daily writes, cites LETA/BNS.

Bergs Timber acquires Norvik companies in Estonia, Latvia, UK

Bergs Timber acquires Norvik companies in Estonia, Latvia, UK

07.05.2018

The Swedish company Bergs Timber and the Icelandic company Norvik concluded an agreement on April 17 whereby Berg Timber will take over production and trading facilities of Norvik in Estonia, Latvia and the U.K, informs LETA/BNS.


07.05.2018

China's Hangxin completes acquisition of Estonian Magnetic MRO

The Chinese company Guangzhou Hangxin Aviation Technology has completed the acquisition of the Tallinn-based full-service aircraft maintenance company Magnetic MRO, informs LETA/BNS.

19.04.2018

East Capital purchases Galleria Riga shopping center

The property fund East Capital Baltic Property Fund III, which is part of the East Capital asset management company, has purchased the Galleria Riga shopping center in Riga, East Capital informed LETA.

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