Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Thursday, 18.04.2019, 23:43

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Estonia's TMB selling Finnish, Latvian plants to Consolis

Estonia's TMB selling Finnish, Latvian plants to Consolis

16.04.2019

The Finnish-French supplier of precast concrete solutions Consolis is buying the Finnish and Latvian units of TMB Grupp, the key owners of which are Estonian businessmen Jaan Luts and Vallot Mangus.

Keyword tags: Construction, EU – Baltic States, Industry, Markets and Companies, Mergers and take-overs



Abu Dhabi based Liwathon acquires Estonian fuel transit co Vopak E.O.S.

Abu Dhabi based Liwathon acquires Estonian fuel transit co Vopak E.O.S.

03.04.2019

Royal Vopak N.V. and Global Ports Investments PLC publicly announced the sale of Vopak E.O.S., the largest independent oil products terminal operator in the Baltic region. Abu Dhabi based Liwathon acquired all shares in the company, which will be renamed Liwathon E.O.S, BC informed Liwathon representative.

Lithuania's M&A market grows 16% in 2018

Lithuania's M&A market grows 16% in 2018

29.03.2019

The number of transactions worth over 100,000 euros in Lithuania's mergers and acquisitions (M&A) market rose by 16% last year compared with 2017 to reach a four-year high of 102, according the business daily Verslo Zinios information reported LETA/BNS.


Estravel travel agency to buy majority holding in tourism co Wris

Estravel travel agency to buy majority holding in tourism co Wris

25.03.2019

The Estonian travel agency Estravel Holding is to acquire 75 percent of shares in the tourism company Wris, it appears from a notice of concentration submitted to the Estonian Competition Authority citing LETA/BNS.

Latvian fish cannery Karavela acquires Germany’s Larsen

Latvian fish cannery Karavela acquires Germany’s Larsen

20.03.2019

Latvian fish cannery Karavela has concluded a deal to acquire German fish product maker Larsen Danish Seafood (Larsen), LETA was told at the company.


15.03.2019

Maxima Latvija buys Tineo property management company

Maxima Latvija retailer has acquired Tineo, the property management company that owns the building at 20 Priedaines Street in Riga that used to house a Maxima supermarket and collapsed in 2013, Maxima Latvija spokesman Janis Beseris informed LETA.

11.03.2019

Mogotel to run Days Hotel Riga VEF

Baltic hotel operator Mogotel will run also Days Hotel Riga VEF that will be renamed to Rija VEF Hotel, Mogotel’s representative Kristine Junkure told LETA.

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