Closing of Major Acquisition in Croatia

CHIRON Group acquires Croatian company HSTEC

CHIRON Group SE, a German-based world leader in metal industry, acquired 90% shares in the Croatian company HSTEC. Our colleagues from Ilej & Partners in cooperation with Karanovic & Partners including Partner Iva Tokić Čuljak and Associate Antun Skansi, advised CHIRON Group on all legal matters and successfully closed the transaction.

The CHIRON Group, headquartered in Tuttlingen, is a global company specializing in CNC vertical milling and mill-turn machining centers, as well as turnkey manufacturing solutions.

HSTEC is a Croatian innovative company from Zadar, who’s name stands for “high speed technique ”, which has system expertise in development, design and manufacture of high-speed motor spindles for challenging machining.

With this acquisition, Chiron Group SE continues to expand its services in the Eastern Europe, as well as broaden their expertise in the motor spindle key component, all in line with their global growth strategy.


The information in this document does not constitute legal advice on any particular matter and is provided for general informational purposes only.