Karanovic & Partners Advised on Another Capital Transaction in Serbia

Knjaz Miloš Sold to KMV and PepsiCo

One of the largest deals of 2019 is officially completed – Mid Europa Partners, the leading private equity investor in Central and Eastern Europe, sold its shares in Knjaz Miloš to a joint venture between Karlovarské Minerální Vody (KMV) and PepsiCo, Inc. (PepsiCo). Karanović & Partners acted as local counsel for Mid Europa Partners in this transaction, working closely with White & Case as international counsel.

The Karanovic & Partners legal team was led by Managing Partner Rastko Petaković, Partner* Miloš Jakovljević and Associate* Sava Drača, and the services included conducting a vendor due diligence and transaction assistance.

Congratulations to our clients and all sides involved in yet another successful transaction of great importance for the entire region. Knjaz Miloš is the firm with more than 200 years of corporate history and a strong brand reputation. We are honored for being a part of the closure of such a major deal together with Mid Europa Partners and White & Case

said Rastko Petaković, Managing Partner of Karanovic & Partners.

This is not the first time that Karanovic & Partners advised the investor. The firm successfully advised Mid Europa Partners on numerous deals in previous years, such as its acquisition of Knjaz Miloš, Imlek, Bambi and Niška mlekara, as well as sale of SBB/Telemach Group.



*Independent attorney at law in cooperation with Karanović & Partners


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