Corporate, M&A

Ellex Raidla advises on a wide range of matters related to public and private M&A with particular focus on complex, cross-border transactions. We have developed extensive domestic and international expertise and have been involved in a majority of large M&A transactions,  mergers and takeovers in Estonia. Our corporate advisory team offers day-to-day legal advice for a large number of Estonian and international companies in all aspects of law that affect their daily operations like takeover bid, merger control and other. We provide assistance from the formation of companies and partnerships to the details of their operations.
 
Key projects in the field

  • Commercial Code
  • Restructuring Act
  • Law of Obligations Act
  • Employment Contracts Act
  • Law of Property Act
  • Law of the General Part of the Civil Code
  • Bankruptcy Act
  • Foundations Act
  • Non-Profit Associations Act

Key contacts

Sven Papp

Partner

Head of Corporate / M&A practice group
+ 372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86c3Zlbi5wYXBwQGVsbGV4LmVlIj5zdmVuLnBhcHBAZWxsZXguZWU8L2E+:xx
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Jüri Raidla

Senior Partner

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86anlyaS5yYWlkbGFAZWxsZXguZWUiPmp5cmkucmFpZGxhQGVsbGV4LmVlPC9hPg==:xx

Risto Vahimets

Partner

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86cmlzdG8udmFoaW1ldHNAZWxsZXguZWUiPnJpc3RvLnZhaGltZXRzQGVsbGV4LmVlPC9hPg==:xx

Martin Käerdi

Partner

Head of Commercial & Compliance Law and Employment practice group
+ 372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86bWFydGluLmthZXJkaUBlbGxleC5lZSI+bWFydGluLmthZXJkaUBlbGxleC5lZTwvYT4=:xx

Ermo Kosk

Partner

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86ZXJtby5rb3NrQGVsbGV4LmVlIj5lcm1vLmtvc2tAZWxsZXguZWU8L2E+:xx

Gerli Kilusk

Partner

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86Z2VybGkua2lsdXNrQGVsbGV4LmVlIj5nZXJsaS5raWx1c2tAZWxsZXguZWU8L2E+:xx

Toomas Kasesalu

Counsel

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86dG9vbWFzLmthc2VzYWx1QGVsbGV4LmVlIj50b29tYXMua2FzZXNhbHVAZWxsZXguZWU8L2E+:xx

Elisabet Fura

Counsel

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86ZWxpc2FiZXQuZnVyYUBlbGxleC5lZSI+ZWxpc2FiZXQuZnVyYUBlbGxleC5lZTwvYT4=:xx

Dmitri Rozenblat

Tax Counsel

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86ZG1pdHJpLnJvemVuYmxhdEBlbGxleC5lZSI+ZG1pdHJpLnJvemVuYmxhdEBlbGxleC5lZTwvYT4=:xx

Gerda Liik

Senior Associate

+ 372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86Z2VyZGEubGlpa0BlbGxleC5lZSI+Z2VyZGEubGlpa0BlbGxleC5lZTwvYT4=:xx

Sandra Värk

Senior Associate

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86c2FuZHJhLnZhcmtAZWxsZXguZWUiPnNhbmRyYS52YXJrQGVsbGV4LmVlPC9hPg==:xx

Alla Kuznetsova

Senior Associate

+ 372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86YWxsYS5rdXpuZXRzb3ZhQGVsbGV4LmVlIj5hbGxhLmt1em5ldHNvdmFAZWxsZXguZWU8L2E+:xx

Kerstin Jürgenson

Associate

+370 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86a2Vyc3Rpbi5qdXJnZW5zb25AZWxsZXguZWUiPmtlcnN0aW4uanVyZ2Vuc29uQGVsbGV4LmVlPC9hPg==:xx

Marilin Laud

Associate

+640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86bWFyaWxpbi5sYXVkQGVsbGV4LmVlIj5tYXJpbGluLmxhdWRAZWxsZXguZWU8L2E+:xx

Ursula Kosk

Associate

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86dXJzdWxhLmtvc2tAZWxsZXguZWUiPnVyc3VsYS5rb3NrQGVsbGV4LmVlPC9hPg==:xx

Karin Tartu

Associate

+ 372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86a2FyaW4udGFydHVAZWxsZXguZWUiPmthcmluLnRhcnR1QGVsbGV4LmVlPC9hPg==:xx

Liisbeth Lillo

Associate

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86bGlpc2JldGgubGlsbG9AZWxsZXguZWUiPmxpaXNiZXRoLmxpbGxvQGVsbGV4LmVlPC9hPg==:xx

Hanna Pahk

Senior Associate

+372 640 7170
crypt:PGEgY2xhc3M9ImVtYWlsIiBocmVmPSJtYWlsdG86aGFubmEucGFoa0BlbGxleC5lZSI+aGFubmEucGFoa0BlbGxleC5lZTwvYT4=:xx

Key projects in the field

UP Invest to acquire authorized Apple reseller IM Arvutid in Estonia, Latvia, Finland
We advised the sale of IM Arvutid AS to UP Invest OÜ, an investment company controlled by Margus Linnamäe. IM Arvutid operates under the iDeal trademark in Estonia and Latvia and under the 1Store trademark in Finland, offering Apple products and accessories as well as full customer support as the largest authorized Apple dealer in the Baltic region. As a result of the transaction, UP Invest will become the largest reseller of Apple products in the Baltics, which has now control over both retail chains specializing in the sale of Apple products in Estonia (iDeals and Valge Klaar).
 
IM Arvutid was advised by our Partner Sven Papp and Senior Associate Gerda Liik.
We advise Auto-Bon Oy on the acquisition of Veho Eesti AS’ operations in the Baltics
Veho has signed an agreement with Auto-Bon Oy on selling its Estonian subsidiary Veho Eesti AS.
 
Through its dealership network, Auto-Bon Oy imports, markets and sells Citroën and Peugeot passenger cars and vans, spare parts, accessories and related services to consumers in Finland. Auto-Bon Oy is a subsidiary of Bassadone Automotive Group.
 
Established in 1939, Veho is a Finnish automotive company that also operates in Sweden and the Baltics.
 
The parties have agreed not to publish the purchase price or other acquisition-related details. The acquisition is subject to approval by competition authorities.
 
Auto-Bon Oy was advised by Ellex Raidla’s partner Sven Papp, counsel Jaanus Ikla, senior associates Gerda Liik, Kaisa Laidvee and Martin Mäesalu as well as associate Kevin Gerretz.
 
Find out more here.
We advised the sale of Microsoft office building
LHV Pension Funds in cooperation with Lumi Capital acquired the office building formerly known as the Skype Building in Tallinn. It’s main tenant is the Estonian branch of Microsoft’s Development Center, which focuses on developing cloud-based communication platforms and other Microsoft services.
 
The building, which was originally built by Nordecon in 2006, has been improved over time to meet customer needs. LHV Pension Funds, in cooperation with Lumi Capital, bought the building from its developer Arealis.
 
AS Arealis, formerly AS Eurox, is a subsidiary of AS Nordic Contractors that has specialised in the development of real estate. AS Arealis began operating in 2005. The company consolidates investments and development projects, for the most part, into commercial buildings and also partially into apartment buildings. Target markets are currently Estonia and Lithuania.
 
The pension funds of AS LHV Varahaldus have approximately 176 000 clients. LHV offers both actively and passively managed 2nd and 3rd pillar pension funds. The total value of the pension funds of LHV is 1.3 billion euros.
 
Lumi Capital OÜ is a real estate investment management company whose clients are private investors, pension funds from Estonia and foreign property investors.
 
Ellex Raidla’s partner Martin Käerdi and associate Karin Tartu advised the seller on the transaction.
 
Read more here.