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SEE LEGAL CROATIA MEMBER FIRM COORDINATES THE ACQUISITION OF EXOR BY ABB ENGINEERING IN FIVE SEE LEGAL JURISDICTIONS
ABB, the leading power and automation technology group, desired to acquire EXOR, one of the strongest engineering firms in the South Eastern Europe region. Consequently, ABB contacted Divjak, Topić & Bahtijarević (DTB) for legal help with the transaction valued at EUR 15 million. Since the deal involved multiple jurisdictions within the SEE Legal Group, DTB acted as lead counsel and was able to seamlessly coordinate the top legal knowledge in the region to complete the acquisition of EXOR. The SEE Legal member law firms Maric & Co (Bosnia and Herzegovina), Kalo & Associates (Kosovo), Polenak Law Firm (North Macedonia) and BDK (Serbia) advised ABB on this major acquisition, which doubled the number of ABB employees in the region and furthered ABB’s global footprint strategy.
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