OREANDA-NEWS. December 22, 2014. Mergermarket presented SORAINEN with the “Baltic M&A Legal Adviser of the Year 2014” award at the European M&A Awards ceremony in London. The awards recognise the leading law firms and financial advisers in the mergers and acquisitions (M&A) field in Europe.

SORAINEN’s transactional highlights in 2014 include assisting insurance company PZU with its acquisition of RSA operations in the Baltics for EUR 270 million. This was the largest Baltic insurance sector M&A transaction ever and involved a challenging merger control process. SORAINEN also advised Amber Grid on the acquisition of its shares by EPSO-G from E.ON Ruhrgas and on a subsequent mandatory takeover bid (with a total value of EUR 152 million, the 2nd largest deal in the Baltics this year). Other notable deals include the largest technology sector transaction in the Baltics – Stratasys’ acquisition of the engineering collaboration platform GrabCAD, and Food Union’s acquisition of the Premia ice cream and frozen products business in the Baltic States and Russia.

“Mergermarket have presented us with a wonderful Christmas gift! This has been an exceptional year for our team, full of hard work and challenges and with the highest number of M&A deals advised. We have much to be thankful for, starting from the trust our clients have placed in us and ending with the high level of commitment and teamwork demonstrated by our people“, says Toomas Prangli, regional co-head of the SORAINEN Corporate and M&A Team.

The winners are chosen through a unique three-stage selection process which employs both empirical data and independent expert opinion to form a reasoned and substantiated selection. The judging panel, which includes senior representatives from Mergermarket, major private equity funds and international law firms, evaluates the strategic nature, complexity and innovation of cross-border deals in 2013-2014.

This year SORAINEN stood out as the only law firm in Europe with unanimous recognition from all five of the most prestigious international awards. Prior to the acknowledgement from Mergermarket, SORAINEN also received “Baltic Law Firm of the Year 2014” awards from Chambers Europe, The Lawyer and International Financial Law Review, and the “Baltic Tax Firm of the Year 2014” award from International Tax Review.