Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Tuesday, 16.07.2019, 23:51

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Estonia: Parent of Olerex buys Oiltanking Tallinn terminal in Muuga Harbor

Estonia: Parent of Olerex buys Oiltanking Tallinn terminal in Muuga Harbor

10.07.2019

Aqua Marina, the parent of Estonian fuel seller AS Olerex, and Oiltanking GmbH, a German operator of tank terminals for oils, chemicals and gases have entered into an agreement for the acquisition of the Oiltanking Tallinn terminal in the port of Muuga, Estonia, informed LETA/BNS.

Keyword tags: Estonia, Good for Business, Logistics, Mergers and take-overs, Oil, Port, Transport



Group of US and European investors have acquired 60% in Latvia's PNB Banka

Group of US and European investors have acquired 60% in Latvia's PNB Banka

28.06.2019

A group of US and European investors have acquired 60 of PNB Banka (formerly Norvik Banka) shares, the bank’s spokeswoman Vineta Vilistere-Lace told LETA without naming the new shareholders.

Fazer selling also Estonian production kitchen to Compass

Fazer selling also Estonian production kitchen to Compass

21.06.2019

Along with Fazer Food Services, Finnish bakery and confectionery group Fazer is to sell its production kitchen in Estonia to Compass Group PLC, reporting LETA/BNS.


Lithuania's Avia Solutions Group buying UK's Chapman Freeborn

Lithuania's Avia Solutions Group buying UK's Chapman Freeborn

18.06.2019

Avia Solutions Group, an aviation group owned by Lithuanian businessman Gediminas Ziemelis, is buying Chapman Freebor, a UK charter airline, infromed LETA/BNS.

Cido Grupa becomes sole owner of Bauskas Alus brewery

Cido Grupa becomes sole owner of Bauskas Alus brewery

11.06.2019

Cidos Grupa beverages company has become the sole owner of Bauskas Alus brewery, representatives of the companies reported LETA.


11.06.2019

Estonia’s Hestia takes over operation of Radi Un Draugi hotel in Riga

Estonia’s Hestia Hotel Group (Hestia) has taken over operations of Radi Un Draugi holtel in Old Riga, Hestia representatives reported LETA/BNS,

05.06.2019

Delfi news portal to buy Bilesu Paradize ticketing company

Delfi news portal, which belongs to Estonia’s Ekspress Grupp, is acquiring Latvia’s Bilesu Paradize ticketing services platform, the company’s representatives informed LETA.

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