Sirel  Partners Law Firm
ScalaCity building

Tartu mnt 43, Estonia

Tel: +372 606 9600

Fax: +372 606 9601

E-mail: info@sirel.com

 

 

  



 

 

 

 

  

Sirel & Partners advised Hansapost and Hobby Hall merger transaction.

Attorneys-at-law Janno Kuusk and Rajar Miller advised Hobby Hall Oy and its shareholders SGN Group Oy and Four P&P Consulting Oy in merger of the largest Estonian online store Hansapost and the legendary Finnish retail enterprise Hobby Hall. By the transaction Hobby Hall acquired the business of Hansapost and Hansapost acquired 46 % shareholding in Hobby Hall, from which in addition to Hansapost shareholding, 46 % belongs to SGN Group, a Finnish family company and Hobby Hall’s current major shareholder, and 8 % is owned by Four P&P Consulting, a company owned by CEO of Hobby Hall, Pekka Pättiniemi. Turnover of the international joint venture exceeds 80 million euros, the total number of employees over 225, and there are over 330,000 items in assortment of offered products.

 

The company will continue as a joint venture, but local trademarks - Hobby Hall in Finland, Hansapost in Estonia and Xnet with Upstore in Latvia, will remain. According to the transaction parties, after the merger the range of items available to the customers of Hobby Hall and Hansapost will expand and larger purchasing amounts will allow better terms and conditions to be offered for the customers.


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A business delegation organized by Foreign Economic Relations Board (DEIK) of Turkey visited Tallinn on May 23rd 2018

23.05.2018

A business delegation organized by Foreign Economic Relations Board (DEIK) of Turkey visited Tallinn on May 23rd 2018 for a half day business seminar and participation to startup and tech conference Latitude59. The seminar was organized by Enterprise Estonia (EAS), DEIK and supported by Turgay Kuleli from Law Firm Sirel & Partners.
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Sirel & Partners advised Hansapost and Hobby Hall merger transaction.

04.04.2018


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Assistant Kairi Eensalu has joined Sirel & Partners Law Firm

29.01.2018

Assistant Kairi Eensalu works as an assistant at Sirel & Partners Law Firm since 29th of January 2018.
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Article in Oxford University Press magazine Trusts & Trustees: "Is the Estonian Act ready for private purposes?"

09.08.2017

The leading international journal on trust law and practice has published another article “Is the Estonian Act ready for private purposes?” written by our head of Wealth Planning Turgay Kuleli and by Urmas Kaarlep.
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Article in STEP Journal about e-residency of Estonia

15.06.2017

The leading international journal, STEP Journal has published an article about e-residency of Estonia. Ruth Annus and Turgay Kuleli highlight the advantages of the Estonian E-Residency Programme.
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