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We represented MM Grupp OÜ in acquiring control over Forum Cinemas OÜ

  • Estonia
  • General

26-05-2021

Eversheds Sutherland Ots&Co represented MM Grupp OÜ, one of the biggest local investment companies in Estonia,  in an M&A deal, whereby it acquired control over Forum Cinemas OÜ (Estonian company) and its branches in Latvia and Lithuania.

Forum Cinemas is one of the biggest cinema operators in the Baltics, having 9 multiplex cinemas. We carried out multi-jurisdictional due diligence exercise in all affected jurisdictions, negotiated the SPA and helped the client in contract negotiations. We filed for merger clearances from the competition authorities of the affected jurisdictions where it was mandatory (Estonia, Latvia and Lithuania). The merger clearance processes are still pending. Estonian office is leading the project.

The advisors in this transaction included Managing Partner Maivi Ots, Partner Risto Rüütel, Associate Taavi Kõiv and Lawyers Erika Tuvike ja Kristi Jõemets.

This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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