News not to be missed

The Austrian HS Timber Group has acquired 100% of the shares of Latvian wood processing company Vika Wood SIA from its Swedish owner, Bergs Timber AB. Based in Vienna, HS Timber Group is one of the leading wood processing companies..

The Estonian subsidiary of Apollo Group, Treeland OÜ, has finalized a transaction to increase its ownership in Latvian restaurant chain Lido AS to 96%. The acquisition of an additional 21% of shares solidifies Treeland Group’s position as the majority shareholder...

The Polish deep tech investment fund Radix Ventures has invested EUR 1.5 million in Naco Technologies, a Latvian leader in advanced nano-coating solutions for green energy systems. This funding is part of a larger pre-Series A round totaling EUR 2.5..

Law firm COBALT successfully represented the German company Rheinmetall in its investment in a new factory in Lithuania. The project’s ultimate goal is to build a 155 mm artillery ammunition manufacturing plant in Baisogala, in cooperation with Lithuanian state-owned companies..

The Ministry of Transport of Latvia, airBaltic, and Lufthansa Group have announced the signing of an agreement for Lufthansa Group to invest EUR 14 million in airBaltic to acquire a minority stake and the Supervisory Board seat.  In return for..

Mehiläinen, Finland’s largest provider of social and healthcare services, has acquired the Lithuanian private medical services network, InMedica Group. The sale was agreed upon by the private equity fund INVL Baltic Sea Growth Fund, the healthcare services and pharmaceutical manufacturing..

HANZA AB, a global knowledge-based manufactory company, has signed an agreement to acquire Leden Group, a billion SEK Finnish advanced mechanics manufacturing company. Leden Group is a contract manufacturer in sheet metal, machining and complex assembly with four production sites..

Admicom Oyj’s subsidiary Tocoman Oy has signed an agreement to acquire Estonian IT company Bauhub OÜ, a developer of SaaS workspace for construction project management. “I’m thrilled that Admicom has acquired a unifying element to our offering that enables a..