PwC advised real estate developer Kapitel AS on the purchase of a majority stake in Viru Keskus from Pontos Group, conducting financial and tax due diligence. In addition, we supported the client in transaction price structuring.
Kapitel is one of the largest real estate companies in the Baltics, with a portfolio of more than 270,000 m² of rental premises. With the transaction, the ownership of Viru Keskus moves from the Finns to Estonia.
PwC advised FootonVolt OÜ on the sale of a portfolio consisting of 13 solar parks (with a total capacity of 18 MW) to KC Energy OÜ. The transaction is noteworthy since FootonVolt built the first industrial solar park in Estonia.
KC Energy is a joint venture between Kaamos Energy and Combiwood Invest. The long-term goal of KC Energy and its subsidiaries is to bring new renewable energy capacity to the market in the form of solar, wind farms and storage and thus contribute to the green revolution. With this transaction, KC Energy's production portfolio increased to 70 MW.
PwC advised on the purchase transaction of Titanium Baltic Real Estate, in which the Wendre textile industry production building in Pärnu was bought by the Finnish real estate fund. PwC Advisory conducted risk assessment, due diligence and financial analysis.
Titanium Baltic Real Estate is a Finnish open ended mutual investment fund. The fund owns several well-known large real estate objects in the Baltic countries, for example Kesko-Senukai (K-Rauta) stores in Vilnius and Daugavpils, Ozols shopping center in Riga, Viimsi Market building in Harjumaa, and others.
PwC Estonia, in cooperation with PwC USA, advised the international technology company Aptiv Services US, LLC on the purchase of the Estonian company Höhle OÜ, which produces micro-tubes and other optical cables and products in Raplamaa, Estonia.
PwC Estonian M&A advisors and tax specialists performed financial and tax due diligence of Höhle OÜ.
PwC advised OÜ Utilitas by conducting financial and tax due diligence of AS Tallinna Soojus. As a result of the transaction AS Utilitas Tallinna Soojus was established. 66.66% of the company’s shares belong to Utilitas and 33.33% to the city of Tallinn, and the company will start developing environmentally friendly heat networks and district heating solutions in Tallinn.
In addition to previous we have conducted over 50 other projects involving DDs, valuations, M&A activities and other corporate finance related analysis in a number of different sectors.
