OREANDA-NEWS. October 04, 2011. SORAINEN advised international services, trading and distribution company Bidvest Group, listed on the Johannesburg Stock Exchange and operating across four continents, on its acquisition of Nowaco Lietuva, reported the press-centre of SORAINEN.

Nowaco Lietuva with its subsidiaries in Latvia and Estonia is a leading player in the trade in food and food products (e.g. frozen fish, meats, vegetables) for wholesalers, retailers and the HoReCa segment in the Baltic States.

The SORAINEN team, which advised the client throughout the acquisition process in respect of Lithuania, Latvia and Estonia, was led by partner Laimonas Skibarka, and included partners Eva Berlaus and Toomas Prangli, specialist counsel Kadri Kallas, senior associates Mantas Petkevicius and Renate Purvinska, and associates Gytis Malinauskas and Karl J. Paadam.