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Leonhard Weiss Baltic Holding OÜ acquired Eesti Energia Võrguehituse AS

  • Estonia

    28-08-2014

    Eversheds Ots & Co advised Leonhard Weiss Baltic Holding OÜ with purchase transaction of Eesti Energia Võrguehituse AS. The transaction value was € 7 million.

    Eesti Energia will focus on the development of the oil shale industry, and therefore it was expedient to give up other activities. The purchase of Võrguehituse AS is a very important step in strategic development of Leonhard Weiss Group's Baltic branch, in order to develop and grow in electrical engineering and communications services related to construction projects. Thereafter, Võrguehituse AS will carry the name Leonhard Weiss Building Energy AS.

    The transaction was advised by Eversheds Ots & Co Managing Partner Maivi Ots and Senior Associate Risto Rüütel.

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