PwC advised pet services company Musti Group, which is listed on the Finnish stock market, in their acquisition of Pet City OÜ by conducting a financial, real estate and tax due diligence. The transaction was supported by the PwC global network in cooperation with offices in Finland, Estonia, Latvia and Lithuania.
Musti Group which operates in Finland, Sweden and Norway is a leading pet services company in the Nordics which expanded to the Baltic market by acquiring Pet City which operates 46 stores and 16 pet clinics across Baltics.
PwC advised Livonia Partners, a private equity fund, in acquiring Telema, a regional leader in electronic data flow, by conducting a financial and tax due diligence.
Our M&A team advised MM Grupp in the sale of 100% shares in the Apple Premium retailer iDeal Group and its subsidiaries to an Italian Apple retailer C&C S.p.A.
The successful transaction allows MM Grupp to have more focus on its core businesses.
PwC advised Elektrum Eesti, part of Latvenergo group, which acquired a 17.4 MW solar park asset from Solarpark Kuusalu, by conducting a valuation and a financial and tax due diligence on the solar park.
As a result of the transaction, Elektrum Eesti’s renewable energy capacity tripled.
PwC advised IT firm Helmes AS in acquiring a majority shareholding in the software development firm Trinidad Wiseman. PwC conducted a financial and tax due diligence.
The investment enables Trinidad Wiseman to expand to foreign markets.
PwC advised the Estonian Ministry of Finance in developing the methodology for estimating the cost of equity for state-owned enterprises. Based on the methodology developed by us, the Ministry of Finance will determine the expected return on equity for state-owned companies, which is essential when making investments and evaluating the performance of state-owned enterprises.
PwC estimated the value of a minority share in green technology company Elcogen. Elcogen develops fuel cell and electrolyser cell technologies which supports the transition to the use of green hydrogen.
PwC advised the holding company Neoinvesteeringud which made an investment into Mainor Ülemiste AS which is the developer of Ülemiste City business park. PwC conducted a financial and tax due diligence.
We advised Inter IKEA Group (Inter IKEA Systems B.V.), the world-wide IKEA franchisor and owner of the IKEA Brand, in the acquisition of IKEA retail operations in the Baltics. Together with PwC Latvia, PwC Lithuania and PwC Netherlands, we provided financial, tax, and HR due diligence services.
In addition to the above, the Deals’ team of PwC Estonia performed over fifty other projects, which included due diligence services, M&A projects, valuations, financial modeling, general project management, restructuring, advising on disputes and much more.
