Zivkovic Samardzic Advised Yuhor on Strategic Acquisition in the Serbian Meat Industry
January 2026
Our member firm Zivkovic Samardzic Law Office advised Yuhor in connection with the acquisition of Food Star Plus, completed at the very end of 2025, as part of Delta Holding’s strategy to expand its operations in the Serbian meat processing sector. The transaction represents a strategic acquisition and forms part of the ongoing consolidation of the Serbian meat industry, further strengthening Yuhor’s position in the local market.
Yuhor is one of the leading meat processors in Serbia, with a long-standing tradition and a strong presence in the production and distribution of fresh…
NNDKP Advised a Syndicate of Banks on Approximately EUR 500 Million Financing to Carmistin The Food Company
December 2025
Our member firm Nestor Nestor Diculescu Kingston Petersen assisted the syndicate of banks that provided approximately EUR 500 million in financing to Carmistin The Food Company, the new national leader in poultry meat and feed production.
The syndicate of banks included Banca Comercială Română S.A. (as Global Coordinator, Bookrunner, Documentation Agent, Facility Agent and Security Agent), ING Bank N.V. Amsterdam – Bucharest Branch (as Global Coordinator and Bookrunner), CEC Bank S.A. (as Mandated Lead Arranger), Intesa Sanpaolo Romania S.A. (as Senior Lead Arranger), UniCredit…
Maric & Co and Zivkovic Samardzic Advised Olvi Oyj on its Acquisition of Banja Luka Brewery
September 2025
Our member firms Maric & Co and Zivkovic Samardzic Law Office advised Olvi Oyj on its acquisition of Banja Luka Brewery (Banjalučka Pivara), including its Serbian branch. Banja Luka Brewery, best known for its flagship brand Nektar, is one of the most established breweries in Bosnia and Herzegovina, with operations also in Serbia and sales across the wider region.
Olvi Group is a Finnish beverage company founded in 1878, known for offering a wide product range including beers, non-alcoholic drinks, long drinks, mineral water, juices, energy drinks, and RTD cocktails. In 2024,…
EUR 56 Million Investment in a New Malt Plant in Pleven
June 2023
The French company Malteries Soufflet Bulgarie has started the construction of a new malt plant in the city of Pleven. The investment amounts EUR 56 million and aims to double the company's production capacity to 60,000 t of malt per year.
Alarko to Invest USD 650 Million in Agriculture and Food Sector
May 2023
Alarko Holding, one of the biggest players in contracting, energy, industry, tourism, land development and venture capital market sectors in Turkey, announced that it plans to invest USD 650 million in agriculture and food projects.
Accordingly, as part of its 2030 targets, the company decided to invest in the agriculture and food sector focusing primarily on assisted greenhouse cultivation, open field agriculture, organomineral fertilization, food processing and sales as well as agricultural R&D technology.
Alarko Holding aims to employ 4000 people with an investment of USD 650…
BOYANOV & Co. Advises Banks on Financing of Hellenic Dairies Group’s Acquisition of United Milk Company
April 2023
BOYANOV & Co. advised Eurobank S.A. and Alpha Bank S.A., acting directly and through their subsidiaries, on the Bulgarian law aspects of financing the acquisition by Tyrbul, the Bulgarian subsidiary of Hellenic Dairies S.A., of United Milk Company, a leading Bulgarian dairy, which produces and markets a variety of milk products under a number of brand names.
Hellenic Dairies S.A. is a family business of 3rd generation that operates in the dairy sector in Greece and 47 foreign countries.
BOYANOV & Co.’s team was led by our partner Damian Simeonov, Head of the Banking and…
NNDKP Successfully Assisted Grupo Bimbo with the Acquisition of Vel Pitar
March 2023
NNDKP confirms that Grupo Bimbo has included Romania in its global growth strategy and has completed the acquisition of Vel Pitar as a nation-wide development platform.
NNDKP acted as local legal counsel for Grupo Bimbo, advising on all aspects of the acquisition of Vel Pitar, from transaction structuring to negotiation and completion. NNDKP assigned a multidisciplinary team specializing in agribusiness and food M&A (as well as day-to-day) assistance to advise on the transaction. The team was coordinated by Adriana I. Gaspar (Senior Partner), and included Corina Dumitru (Partner), George…
SunPro Invests EUR 20 Million in New Production Facility in Southeast Romania
February 2023
Swiss company SunPro, which owns a sunflower oil production facility in Ukraine (Odessa), has announced a EUR 20 million investment in Southeast Romania (Galati) in a production unit which will be built in the Free Zone and will create 200 new jobs. The investment should start this year and is expected to be completed next year.
Zarea Wants to Apply for State Aid for a New Plant
January 2023
The producer of Zarea, Dorato and Amarol alcoholic beverages, part of the German group Schloss Wachenheim, is preparing to apply for state aid for the construction of a new plant in Mizil, an over EUR 20 million investment. For this purpose, the company is to conclude a transfer agreement for an area of land of about 25,000 square meters in Mizil Industrial Park.
Exit of Mid Europa Partners from Dairy Producer IMLEK
Following the sale of confectionery business to Coca-Cola HBC and water business to Matoni-PepsiCo, Mid Europa Partners is to exit from the dairy producer IMLEK.
PepsiCo Invests USD 100 Million in Star Foods Potato Chip Plant Near Bucharest
September 2022
PepsiCo, one of the biggest players on the soft drinks and snacks market, has announced a USD 100 million investment in three operational production lines and a new automated warehouse, automation capabilities and a new master plan at its plant in Popești-Leordeni. The investment would be finalized by 2024 and would result in the doubling of production capacity.
BOYANOV & Co. Advised Mondelez International on the Acquisition of Chipita S.A.
August 2022
After successfully advising Mondelez International (Nasdaq: MDLZ) on all Bulgarian law aspects in the acquisition of the Greek snacking company Chipita S.A. (for approximately USD 2 billion), since the beginning of this year, BOYANOV & Co. has advised Mondelēz International, Inc. on the Bulgarian legal aspects of the formal integration of the Chipita S.A.’s business in Bulgaria. It was completed at the beginning of July 2022 (press release is available here).
The process was complex and involved the transfer of shares, in-kind contributions, and sales of parts of the going…
