Triniti has advised the owners of OU Utilitas on the acquisition of an 85% shareholding of the company by investment fund EDIF II.

Former TGS Baltic Counsel Kristina Laarmaa has joined KPMG Law in Estonia as Head of Public Procurement, Construction, Real Estate & Environment and Lauri Liivat has joined as Head of the firm's Corporate Transactions and Technology Sector Group.

Cobalt has advised the European Investment Bank on a EUR 12 million quasi-equity loan it provided to Estonian company Elcogen.

TGS Baltic has advised Sweden's LMT Group AB on the acquisition of PLM Group companies in Latvia, Estonia, Sweden, Denmark, Finland, Norway, and Iceland. The LMT Group was also advised by Sweden's Wesslau Soderqvist Advokatbyra and Finland's Hasto & Co.

Nove has successfully represented Estonian bus transport service provider AS SEBE in a dispute regarding a public service contract worth more than 21 million euros.

Cobalt has advised London-based Vink Group, Europe’s largest semi-finished plastics distributor, on its acquisition of three Baltic companies, OU Proplastik, SIA Proplastik, and UAB Proplastik. TGS Baltic advised the Proplastik shareholders on the transaction. Financial details were not disclosed.

Cobalt has advised the Jersey-based fund Scope Growth III L.P. on Estonian aspects of its acquisition of the lingerie brand Miss Mary of Sweden.

Glimstedt has advised APL Restaurants, a member of Estonia's Apollo Group, on its acquisition of Ozo Boulingas from the Akropolis Group.

Cobalt Estonia has advised French real estate fund Corum Origin on its acquisition of an industrial building that is fully leased to Harmet OU for 15 years under a sale and leaseback transaction.

Cobalt has advised Finnish private equity fund KJK on its acquisition of a 50% stake in Estonian Tahe Outdoors OÜ. Subsequently, Ellex Raidla advised Tahe Outdoors on its use of those funds to acquire BIC Sport for somewhere between EUR six and nine million, creating the second largest water-sports equipment producer in Europe.

Ellex Raidla has advised Estonian pension fund manager LHV Varahaldus and LHV Bank on their equal subscription to and acquisition of EUR 10 million in secured notes issued by Transpordi Varahaldus, Estonia's state-owned holding company, to finance its purchase and leasing to Estonian airline Nordica of a Bombardier CRJ900 jet. Transpordi Varahaldus [TVH] was advised by Triniti, Derling Primus acted as the security agent appointed by the finance parties, and Nordica was advised by the Tark law firm.

Pohla & Hallmagi has advised Kunda Sadam AS on the acquistion of PK Terminal OU. The sellers were reportedly advised by Laus & Partners.

Pohla & Hallmagi has advised Kunda Sadam AS on the acquistion of Palgaria Kraana OU. The sellers were reportedly advised by Laus & Partners.

A joint team from Sorainen and Hogan Lovells is advising RB Rail on drafting the underlying international treaties, infrastructure management agreements, and revisions to national laws that are needed for management of the Rail Baltica cross-border railway infrastructure.

Sorainen has advised Canadian Forest Products on its acquisition of Vida Packaging Eesti. The transaction is connected to Canfor’s 70 percent acquisition of Swedish company VIDA Aktiebolag.

Ellex Raidla has advised Inbank on the issuance of AT1 bonds through private placement in the amount of EUR 3.15 million.

Pohla & Hallmagi has advised Autospirit on its acquisition of shares in Ascar Auto AS, the Tallinn Opel & Peugeot dealership, from Amserv Grupp. Ellex Raidla advised the seller on the deal.

Ellex Raidla has advised AS LHV Pank on the acquisition of the loan portfolio of Versobank AS, which is under liquidation, for approximately EUR 18.4 million. The transaction is expected to close in late January, 2019.