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Sorainen Advises on Novaturas Acquisition

Latvia
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The Lithuanian and Latvian offices of Sorainen have advised Novaturas on its acquisition of shares in Novaturas, the company's Latvian subsidiary, from the minority shareholders.

Novaturas is the largest tour operator in the Baltics providing full scale travel services, with yearly turnover exceeding EUR 40 million. Novaturas was advised by Partner Algirdas Peksys, Senior Associate Zane Paeglite, and Associate Evaldas Dudonis.