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Sorainen Advises Lowell on Divestment of Estonian Business Unit to Julianus Inkasso

Sorainen Advises Lowell on Divestment of Estonian Business Unit to Julianus Inkasso

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Sorainen has advised Lowell on the divestment of its Estonian subsidiary, Lowell Estonia, to Estonian-based debt collection agency Julianus Inkasso.

“As a result [of the divestment] Julianus Inkasso now has over 60,000 new active claims, making the company’s database of debtors the biggest of its kind in the country,” according to Julianus Inkasso board member Ular Maapalu.

The Sorainen team included Partner Toomas Prangli, Senior Associate Kai Vainola, and Associate Nele Suurmets.

Sorainen did not reply to our inquiry on the deal.