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Tuesday, 23.04.2024, 08:57
Luminor, Food Union, Lauma listed as top acquisition deals in Baltics
BC, Riga, 05.10.2017.
Print version
Print versionMerger of the Nordea and DNB banks in the Baltic states, resulting in the new Luminor bank, has been recognized the top deal of the year 2017 on the merger and acquisitions market of the Baltic states, informs LETA/BNS.
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The investment of 214 million euros by PAG Capital and Meridian Capital
Management in Food Union group was
listed as the Baltic private capital and risk capital deal of the year, while
Latvian company Lauma International's
acquisition of Germany's Felina was
recognized as the top Baltic investment in foreign markets.
Acquisition deals of the year were announced on Wednesday during a forum of
Baltic mergers, acquisitions and private capital forum, said Sorainen law office, one of the
organizers.
The winning deals were selected according to criteria such as deal value
and strategic importance to the Baltic region, complexity, innovation,
financing structure, and involvement of regional representatives.
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