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Ellex Advises Infotark on Share Reacquisition

Estonia
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Ellex has advised Infotark on reacquiring 14% of its shares from Finnish shareholders.

Infotark operates under the brand Buroomaailm.

According to Ellex, Infotark is Estonia’s largest seller of office supplies, equipment, and furniture, and has been operating in the market for 32 years. The company is a third-generation family business, with its majority stake of 23.76% owned by CEO Juri Ross.

In 2016, Ellex advised the management on the acquisition of a majority stake in Infotark (as reported by CEE Legal Matters on December 19, 2016).

The Ellex team included Partner Risto Vahimets, Counsel Dmitri Rozenblat, and Lawyer Carmen Linda Plats.

Ellex did not respond to our inquiry on the matter.