Last year, the optical retail chain Pro Optika took a bold step by acquiring its competitor Pere Optika — a move that doubled both its store network and its team. With 50 stores now across Estonia, the company is entering a new growth phase and redefining what it means to be a modern family-run business.
In December 2024, AS Kodupaber signed a purchase agreement to acquire the long-established wholesale company Ristart AS. The transaction marked an important milestone in Kodupaber’s growth strategy, supported throughout by Grant Thornton Baltic – from the first negotiations to the successful merger of the two companies in June 2025.
Grant Thornton Baltic audited the acquisition report prepared by Eesti Energia AS, the main shareholder of Enefit Green AS, for the acquisition of shares belonging to minority shareholders.
Grant Thornton Baltic provided consultation to OptiPRO OÜ, which operates a retail chain of optometry stores under the brand Pro Optika and acquired the holding company of the Pere Optika chain, Optiland Eesti OÜ. After receiving a merger permit from the Competition Authority, the transaction was completed on June 10, 2024, and OptiPRO OÜ acquired a stake in Optiland Eesti OÜ.
For years, Grant Thornton Baltic has lent a helping hand to those in need, donating both funds and our employees’ time to charity organizations. In 2023, MTÜ Peaasjad, which focuses on promoting mental health in Estonia, was the latest non-profit to be added to the line-up.
In 2023, the German family company Bodo Möller Chemie bought the distribution rights of the brands Loctite, Teroson and Technomelt from Henkel and established a subsidiary Bodo Möller Chemie Baltics OÜ to deal with the resale of Henkel's adhesives and sealants in the Baltics. The founding of the subsidiary was advised by Grant Thornton Baltic.
“Our partnership with Grant Thornton Baltic’s internal auditors started in 2016 and it’s clear we hit the nail on the head with our selection,” says CEO of Primero Finance OÜ, Marti Küttis.
Grant Thornton Baltic's consulting team advised the management of Inspecta Estonia OÜ on the acquisition of Metrex Mõõtekeskus OÜ.
International wholesaler of cosmetics, perfumes, salon products and non-prescription medicines Sirowa acquired well-known Estonian wholesaler of perfumery and beauty products.
KJK BLTK Holding OÜ, the majority shareholder of Baltika, wished to carry out a valuation for the purpose of deciding whether to make a takeover offer to minority shareholders.
Grant Thornton Baltic's financial advisory team helped Kilingi-Nõmme Cooperative to prepare a financial model and forecast, which was the basis for the Net Present Value (NPV) scenario analysis.
For two consecutive years, Grant Thornton Baltic’s business risk and internal audit team served as the independent auditor of the programmes of the Estonian National Agency for the Erasmus+ and European Solidarity Corps.
From 2017, Estateguru has expanded outside Estonia to offer real estate investment opportunities in the other Baltic states and elsewhere in Europe. With rapid growth taking place, it started to improve and change the company’s risk management system, which led to a need for an internal auditor.
Financial services are one of the most strictly regulated business areas. It is to be expected that every financial service provider must have an internal auditor, be it a paid staff member or outsourced service. ESTO Group, a credit provider founded in 2017 that expended to Latvia and Lithuania in 2021, went the outsourcing route and partnered with Grant Thornton Baltic for internal audit services.
It’s said it takes years to build trust but just a moment to destroy it. The dictum should be taken especially seriously in the financial sector where big sums of money hang in the balance along with the trust of clients, partners and supervisory authorities.
What do Mauritania, Kosovo, Moldova, Iraq, Kenya and Kyrgyzstan have in common? Answer: the e-Governance Academy has provided advisory services to them and tens of other countries in transition, helping local government institutions and NGOs efficiently develop electronic public services and make democratic processes better.