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Regional M&A News

MidEuropa Agrees to Exit Imlek

The family holding of entrepreneur and investor Andrej Jovanović (AJFH), as the lead investor, together with the experienced manager and current CEO of Imlek, Bojan Radun, has signed an agreement for the joint acquisition of Imlek from its current owner, MidEuropa. The transaction is subject to standard approvals.

Karanović & Partners and its cooperating offices advised MidEuropa on the sale of Imlek across the SEE region. Working closely with the White & Case team, our multidisciplinary team provided full-service legal support throughout the transaction, including financing, competition matters, and cross-border structuring.

Our transaction team was led by Senior Partners Miloš Jakovljević and Rastko Petaković, with Associates Aleksandra Čvorović and Teodora Vasin. The financing team was led by Partner Katarina Gudurić, together with Senior Associate Marija Vićić Simić. The competition team was led by Partner Bojana Miljanović Hussey.

In support of the regional execution, Sijercic & Partners assisted with the transaction on Bosnian and Herzegovinian matters. We closely cooperated on North Macedonian matters with the team of cooperating lawyers led by our colleague Partner Veton Qoku. Our colleagues from Ilej & Partners, in cooperation with Karanović & Partners, with the team led by Senior Partner Goran Ilej, helped with Croatian matters, and our Partner Marko Ćulafić, together with the team of our cooperating lawyers from Montenegro, assisted with Montenegrin matters.

After assisting MidEuropa in acquiring Imlek, Bambi, and Knjaz Miloš in 2015, and subsequently supporting the sale of Bambi to Coca-Cola HBC and the sale of Knjaz Miloš to KMV/PepsiCo, we are proud to support MidEuropa on this important transaction once again.

 

Partner, Senior Associate, and Associate refer to 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 purposes only.