Ellex Raidla team assisted Taaleri Capital on the MBO of Oriola Baltic operations

Taaleri Capital has successfully advised on the MBO of Oriola Baltic operations and Ellex Raidla acted as legal advisor in the transaction in Estonia. Taaleri Capital advised the management in reorganizing five Oriola subsidiaries in Estonia, Latvia and Lithuania under a new Latvian parent company, SIA Oribalt Group and in organizing the transaction financing.
 
The new Oribalt Group will be one of the top 100 Latvian companies by turnover and it employs 160 people in three countries in the field of pharmaceutical pre-wholesale​, wholesale and internet pharmacy.
 
The Estonian part of the transaction was advised by Ellex Raidla including Partner Martin Käerdi and Counsel Antti Perli.
 
Read more HERE.