International Internet Magazine. Baltic States news & analytics
Thursday, 12.12.2019, 14:21
Citadele bank has acquired UniCredit Leasing company that is operating in the Baltic states, the bank's spokeswoman Kristine Mennika reported.
Keyword tags: Banks, Financial Services, Good for Business, Mergers and take-overs
Marguerite Fund has signed a sale purchase agreement with Marubeni-backed MM Capital Infrastructure Fund 1 from Japan regarding the divestment of Marguerite Fund’s 29.06 percent interest in joint-stock Conexus Baltic Grid, the unified natural gas transmission and storage operator in Latvia.
Veho is selling its Estonian subsidiary Veho Eesti AS to Auto-Bon Oy which is part of Bassadone Automotive Nordic -group. The buyer imports Citroën to the Baltics and is a Citroën and Honda retailer in Estonia. The acquisition is a logic step in Veho’s strategy, which focuses on the growth through Mercedes-Benz products in Finland, the Baltics and Sweden.
France's renewable energy group Idex, which is part of Antin, one of Europe's largest investment companies, has completed the acquisition of Danpower Baltic, a German-Lithuanian joint venture. Danpower Baltic is renamed to Idex Baltic, Idex said.
A reorganization process is under way in which Narvesen Baltija retail company is taking over Coffee Inn, the owner of the Caffeine Roasters (Caffeine) cafe chain, according to an announcement published in the official gazette Latvijas Vestnesis on Monday, citing LETA.
UP Invest, an investment company controlled by Estonian businessman Margus Linnamae, is set to acquire Apple Authorized Service Provider in Estonia, Latvia and Finland IM Arvutid AS, informed LETA/BNS.