Mari Anne Rohtla

TGS Baltic together with Cederquist advised Kinnevik on the sale of Tele2 shares to Freya Investissement

TGS Baltic together with Cederquist has been an advisor to Kinnevik in connection with the sale of its entire holding in Tele2

TGS Baltic assisted Enefit Green AS with selling Brocēni pellet mill and cogeneration plant in Latvia to Warmeston OU, the leading Estonian wood pellet producer.

Enefit Green AS has agreed to divest Brocēni pellet mill and biomass CHP plant to Warmeston OU by selling 100% shares of Enefit Green SIA (now Warmeston SIA) and SIA Technological Solutions. Brocēni business includes a pellet mill and a biomass cogeneration plant, both built in 2016.

TGS Baltic assisted Enefit Green AS with selling Paide and Valka district heating businesses in Estonia and Latvia to AS Utilitas Eesti, Estonia's largest district heating company.

Enefit Green AS has agreed to divest Paide and Valka district heating businesses to AS Utilitas Eesti by divesting Paide business and 100% shares in the Valka district heating company SIA Enefit Power & Heat Valka. In Paide, the transaction consists of a district heating enterprise whose assets include a cogeneration plant commissioned in 2015, a biomass boiler plant, a reserve boiler house, and a solar park.

TGS Baltic advised the Environmental Investment Centre on the development of a EUR 49 million hydrogen measure

The TGS Baltic team advised the Environmental Investment Centre (EIC) on developing new support for the deployment of green hydrogen in the transport and industrial sectors. The purpose of EIC’s green hydrogen call for proposal is to test the introduction of green hydrogen in Estonian conditions from production to final consumption.

TGS Baltic advised TKM Finants AS in obtaining a creditor's activity license

We advised TKM Finants AS, a subsidiary of Nasdaq-listed Tallinna Kaubamaja Grupp AS, in applying for a creditor's activity license from the Estonian Financial Supervision Authority and providing consumer credit services.

TGS Baltic advised Hawesko on entering into a strategic partnership with the Dunker Group

TGS Baltic represented the stock exchange listed premium wines trading group Hawesko who is entering into a strategic partnership with the Dunker Group, the leading wine and spirits wholesale trading group in the Baltics, and in this context is acquiring 50 percent of the shares in Dunker Group OÜ. 

BaltCap completes the first take-private transaction by a Baltic investor on the London Stock Exchange by acquiring Xpediator

BaltCap was advised by TGS Baltic in completing the transaction to acquire Xpediator Plc.

TGS Baltic advised Operail in respect to restrictive measures applicable to sale of railway wagons

From December 2023 to March 2023 AS Operail Leasing, a subsidiary of the Estonian state-owned railway company Operail, sold all of its railway wagons. 

TGS Baltic advised Truffle Capital on leading a 5.5 MEUR investment into insurtech startup Cachet

Law Firm TGS Baltic advised the European fund Truffle Capital SAS on leading a 5.5 MEUR investment round into startup Cachet, which provides smart insurance solutions. TGS Baltic advised the client during the entire transaction, from legal due diligence of Estonian companies to drafting and negotiating the transaction documents and closing the investment.

TGS Baltic advised LHV Pension Funds on the acquisition of the first office building in Estonia designed according to the Green Building concept

TGS Baltic experts advised LHV Varahaldus AS which manages LHV Pension Funds on acquiring the registered immovable located at Sõpruse pst 157, Tallinn, Estonia.

Varahalduse Kinnisvarainvesteering 004 OÜ, which belongs to LHV Varahaldus AS, entered into a contract with OÜ Sõpruse 157 to acquire the registered immovable located at Sõpruse pst 157. The owner of Varahalduse Kinnisvarainvesteering 004 OÜ is LHV Group, which is listed on the Tallinn Stock Exchange, through LHV Varahaldus.

TGS Baltic advised ZAKA Startups who led the Alpha AR investment round

TGS Baltic advised ZAKA Startups on leading a EUR 728,000 investment round in Alpha AR OÜ. Alpha AR plans to use the raised financing to develop its 3D-modelling platform.

We advised AS Eesti Post on the acquisition of the newspaper delivery service provider AS Express Post

Law Firm TGS Baltic experts Triinu Järviste, Kadri Kallas, and Mari Anne Valberg advised AS Eesti Post on the transaction by which AS Ekspress Grupp and AS Postimees Grupp sell the shares of AS Express Post, which is providing the newspaper delivery service in bigger cities, to Omniva.

Cybernetica sells its digital air traffic management tower technology to Adacel

TGS Baltic advised Cybernetica on selling their digital air traffic management tower technology to Adacel, a global leader in providing air traffic management technology and services.

TGS Baltic advised Open Air Group AB

TGS Baltic advised Open Air Group AB, a holding company focusing on products for hunting and outdoor, currently active in Finland, Sweden and Norway in a transaction, where Open Air Group AB acquired Aclima, the leading manufacturer of professional and outdoor merino wool clothing in the Nordics.

Advising the Ministry of Environment

Advising the Ministry of Environment on a wide range of legal aspects related to planning and financing the construction of new environmentally friendly office premises to the ministry, its subordinate institutions and the Estonian Museum of Natural History. The new building is planned as state of art sample of Estonian wooden architecture, encompassing many innovative and sustainable construction methods.

We are advising a US Nasdaq listed leading business-to-business supplier of internet gaming software-as-a-service solutions Gan Limited on acquisition of online gaming platform Coolbet

TGS Baltic are advising Gan Limited on all Estonian law aspects, from conducting legal due diligence and advising on regulatory matters to assisting the client in the finalisation of the transaction documents.

TGS Baltic advises Fujitsu Estonia on a daily basis

We advise Fujitsu Estonia on a daily basis on different IT-related contractual, intellectual property and data protection matters.

TGS Baltic successfully represented a client in the Supreme Court of Estonia

We successfully represented a client in the Supreme Court of Estonia in connection with the fact that a company was refused registration on the grounds that the word “construction” in its name is protected as a trademark.

Representing Environment Investment Centre

Representing Environment Investment Centre in shaping and modelling a subsidy system for 50 million EUR to encourage the development of production and use of hydrogen in Estonia.