BDK Advokati Advises Mercator-CG on the Acquisition of Franca Retail Business

BDK Advokati Advises Mercator-CG on the Acquisition of Franca Retail Business

June 2023

Mercator-CG and Franca retail chain signed the share and purchase agreement for the acquisition of Franca retail business in Montenegro. Franca retail chain consists of 67 retail outlets with over 900 employees across Montenegro. Through this acquisition, Fortenova Group is strengthening its retail business in the markets in South-East Europe.

The BDK Advokati team that advised Fortenova and Mercator-CG on this transaction was led by the senior partner Luka Popovic. The competition team led by the counsel Bisera Andrijasevic, with associate Sanja Dedovic and junior associate Marija Ksenija Popovic, advised on merger clearances in Montenegro, Serbia, and North Macedonia, and negotiated commitments for conditional merger approval with the Montenegrin Agency for Protection of Competition.

June 2023

Mercator-CG and Franca retail chain signed the share and purchase agreement for the acquisition of Franca retail business in Montenegro. Franca retail chain consists of 67 retail outlets with over 900 employees across Montenegro. Through this acquisition, Fortenova Group is strengthening its retail business in the markets in South-East Europe.

The BDK Advokati team that advised Fortenova and Mercator-CG on this transaction was led by the senior partner Luka Popovic. The competition team led by the counsel Bisera Andrijasevic, with associate Sanja Dedovic and junior associate Marija Ksenija Popovic, advised on merger clearances in Montenegro, Serbia, and North Macedonia, and negotiated commitments for conditional merger approval with the Montenegrin Agency for Protection of Competition.