Latest Assignments

TRINITI advised majority shareholder and long-term manager Tõnu Rahula selling majority shares in Raikküla Farmer OÜ. The assignment included organizing the whole sales process including organizing the tender, finding potential investors, support with audits, preparation and negotiation of agreements. At the end of the process the shares of the majority shareholder were acquired by one of the minority shareholders and a grain grower in the area, Metetra OÜ.  Raikküla Farmer is among the largest agriculture companies in Estonia having a cattle of more than 2 400 bovines in very modern facilities, using more than 3 000 hectars of land, half of which is owned. Raikküla Farmer sells a little less than 10 000 tons of milk per year. The transaction also included Raikküla pig farm.

TRINITI attorneys in Estonia and Lithuania advised a management buyout transaction, whereby General Manager of Columbus in Baltics Ivo Suursoo and CEO of Columbus Lietuva Dovydas Zinkevicius acquired shares in Columbus Eesti AS and Columbus Lietuva UAB and the companies separated from Columbus A/S group listed on Nasdaq Copehagen stock exchange in Denmark. The assignment included preparation and negotiation of transaction documents and advising the whole transaction. Columbus is a leading digital innovation company in the Baltics with 170 employees and turnover in the region of 10,6 million euros.

One of the oldest M&A advisories in Estonia – Investment Agency and Prudentia, a leading Latvian corporate finance consultant concluded co-operation agreements to jointly provide corporate finance and M&A advice to private clients in the Baltics under the common Prudentia brand www.prudentia.ee. TRINITI partner Tõnis Tamme and Attorney-at-Law Siim Maripuu advised Investment Agency in contract negotiations. Read moreAccording to Prudentia partner Indrek Uudeküll: „As a result of strategic co-operation between Prudentia and Investment Agency one of the largest teams of financial advisers has been formed who share a joint view on the Baltic capital markets. Prudentia now has offices in Riga and Tallinn, offering their clients expert knowledge of local financial and capital markets. The goal of co-operation partners is to strengthen their presence also on the Lithuanian market, growing the Prudentia brand into the strongest player in the Baltic M&A market“, commented Uudeküll on their future plans.

TRINITI’s solicitors advised on the sale of a majority stake in Neular OÜ, which is the only company in Estonia to recycle mixed-plastic waste. Through this acquisition, Neular’s manager, Ilo Rannu, became the company’s sole shareholder. The transaction was advised by solicitors who specialise in providing sworn statements, Karmen Turk and Siim Maripuu, and who assisted the buyer in negotiating the contracts and in the legal preparation and execution of the transaction. Neular OÜ produces terrace tables, growing boxes, wall profiles, and construction solutions from recycled plastic packaging from a base in central Estonia. This is a completely unique series of outdoor furniture solutions which won the 2020 BRUNO Design Award. The furniture is created entirely from the unique, non-decaying, weatherproof, durable material which Neular produces.

TRINITI’s solicitors advised the buyer on the acquisition from AS Trigon Dairy Farming Estonia of the Kärla Agricultural Association on Saaremaa and related companies. Our advisory role included negotiating transaction documents and assisting in the preparation, completion, and financing of the transaction. The Kärla Agricultural Association is a top milk producer on Saaremaa, whose average milk production per cow increased last year to 12,205 kilos.

We advised the sellers in so far the biggest acquisition transaction in the field of dental care in Estonia by which DenCap Investeeringud OÜ, owned by BaltCap Private Equity Fund, acquired Kaarli Hambapolikliinik OÜ. Our task included the negotiation of the transaction documents as well as assistance in preparing the transaction. Kaarli Hambapolikliinik OÜ provides dental care services in 43 modern dental care cabinets located at Toompuiestee, Sõpruse puiestee and Ülemiste in Tallinn.

We advised the purchaser acquiring leading Estonian Software developer HÄT Systems. Our assignment included preparation of the transaction documents and assistance during the negotiations as well as the planning process. HÄT Systems is established in 2005 and offers economic and business analysis software focusing on Dynamics NAV based solutions. Columbus Eesti has for years been a leading economic software developer in Estoni and has to date grown into wide-range digitalization company

TRINITI advised the shareholders organizing sale of 100% of the shares in Torma Põllumajandusosaühing, a major milk producer located in Central Estonia with the absolute best cattle genetics and highest milk production per cow in Estonia. The assignment included the whole sales process from the decision of the sellers till receipt of the purchase price – organizing the tender, finding potential investors, support with audits, preparation and negotiation of agreements as well as successfully closing the transaction

TRINITI advised the cooperative of farmers of Jõgeva County in the sale process of all of the memberships in cooperative Vooremaa Piim. The cooperative included two major milk producers acquired by the farmers during previous joint activities located in Western Estonia with total of 1000 dairy cows and 2 500 hectaries of land. The assignment included organizing the tender, finding potential investors, support with audits, preparation and negotiation of agreements as well as closing the transaction

We provide Collateral Agent service for the acquisition of Sanoma Baltics AS, a company operating advertisement portals auto24.ee and kuldnebors.ee. The company was acquired by leading private equity and venure capital investor BaltCap and the Estonian management of the company. The transaction was partly financed by LHV pension funds under the bonds issued