January 2021
Kapitel, one of the largest real estate companies in the Baltics, acquired 50% of the real estate company Nordassets OÜ, which owns, inter alia, Smarten Logistics’ centre of logistics in Rae Municipality. Upon acquiring shares in Nordassets, Kapitel enters the business of logistics real estate. It plans to extend its activities in this new sector not only in Estonia but also Latvia and Lithuania.
PwC Estonia’s Deals team led by Teet Tender, Allar Karu and Raul Ruubel performed the financial due diligence and provided advice on the financial aspects of the sales and purchase agreement.
Please see more at: Äripäev