GlobalGlass to Acquire SFS

GlobalGlass Acquires Srpska Fabrika Stakla

Swiss company GlobalGlass AG, an owner of Steklarna Hrastnik, one of the world’s leaders in trading glass products, has acquired the Serbian glass maker Srpska Fabrika Stakla (SFS), located in Paraćin, Serbia.

SFS was put on sale in September 2022. As quoted in a Serbian government press release, the Swiss company plans to invest over $300 million in the next six years.

Our Partner Ivan Nonković, Senior Associate Sava Drača, and Associate Filip Šušulić, advised GlobalGlass AG on this transaction.


*Partner, Senior Associate, and Associate refer to Independent Attorney at Law in cooperation with Karanovic & Partners.

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