DTB Acted for Cuadrilla Capital in Acquisition of Repsly, Inc.
January 2025
Our member firm, Divjak Topic Bahtijarevic & Krka, advised Cuadrilla Capital on all aspects of Croatian law in the acquisition of Repsly, Inc., alongside Massumi + Consoli LLP, who advised Cuadrilla on US-matters. Repsly Inc. is a leading retail execution software platform serving over 600 consumer product goods companies and retail service providers, whereas Cuadrilla is renowned enterprise software investment firm.
DTB team consisted of Damir Topić (Senior Partner, M&A), Senior Attorneys Dina Salapić (M&A) and Andrej Žmikić (Employment & Benefits) and Attorneys…
A&O Shearman and DTB Advised Partners Group in the Sale of VSB Group to TotalEnergies
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, and A&O Shearman have advised Partners Group, one of the largest firms in the global private markets industry, on the sale of VSB Group, a leading renewable energy platform in Europe, to French energy company TotalEnergies. The transaction gives VSB an equity value of EUR 1.57 billion.
DTB team was led by Damir Topic, Senior Partner, and Dina Salapic, Senior Attorney, and included Marina Kovac Krka, Partner, Senior Attorneys Andrej Zmikic and Jasna Belcic, Attorneys Sanja Novoselic, Barbara Simic and Jure Marovic, Andrija…
DTB Represented EBRD in EUR 100 Million Worth Cooperation with ZABA for the Financing of Green Projects
December 2024
Our member firm, Divjak Topic Bahtijarevic & Krka, represented the European Bank for Reconstruction and Development (EBRD) in partnership with Zagrebačka banka (ZABA), the leading bank in Croatia and member of the UniCredit Group, in which it provided ZABA with an uncapped unfunded portfolio guarantee of up to EUR 80 million under the European Union’s InvestEU Programme. ZABA thus became the EBRD’s first partner financial intermediary under the InvestEU programme. This financial instrument is designed to cover a newly generated portfolio of loans, and the total value of…
DTB Assisted Digital Realty in the Sale of Cloud Services Business to Databox
November 2025
Our member firm Divjak Topic Bahtijarevic & Krka assisted Digital Realty, the world's largest provider of data center solutions, in the sale of its cloud services business in Croatia to Databox, a leading Croatian provider of cloud and data center services.
Dina Salapic, Senior Attorney, led DTB's team, which included Attorneys Barbara Simic, Anella Bukovic and Jure Marovic, and Valeria Kirac, Associate, in supporting Digital Realty on the M&A and commercial aspects of the transaction.
DTB Represented Akuo Energy in the Sale of Elektrana Grubisno Polje
October 2024
Our Croatian member firm, Divjak Topic Bahtijarevic & Krka, represented Akuo Energy in the successful sale of Elektrana Grubisno Polje. This 5 MWe biomass CHP plant and the adjacent Sirocco drying facility in Croatia have been acquired by Ancala, a leading UK-based infrastructure manager. To date, DTB has supported Akuo Energy with various renewables projects.
Mario Krka, Senior Partner, led DTB's experienced team of seasoned lawyers – Ana-Maria Sunko Peric, Attorney (transactional and M&A support), Marina Kovac Krka, Partner (energy), Andrej Zmikic, Senior Attorney (employment),…
DTB Represented Talan Group in the Sale of 60% of Shares in SOLVIS
May 2024
Divjak Topic Bahtijarevic & Krka represented Talan Group (Talan) in sale of 60% of shares in Solvis, the largest Croatian producer of solar panels and developer of power plants, to Advance Capital Partners (ACP), the largest regional private equity fund based in Slovenia. Completion of the transaction is subject to customary regulatory approvals and other conditions precedent.
This strategic partnership between ACP and Talan will enable the implementation of joint development plans, the internationalisation of business and the development of new green energy solutions, which will…
DTB advised major Turkish conglomerate Dogus on a EUR 31,2 m club credit facility
February 2024
DTB advised the borrower Zadar Resort d.o.o. and sponsor Dogus Croatia in a transaction where Zadar Resort borrowed EUR 31,2 m from Privredna bank Zagreb d.d. and Croatian bank for reconstruction and development as Mandated Lead Arrangers. The facility will be used for the development of a 5-star luxury hotel in Zadar, which will be under the management of the leading hotel operator Hyatt.
Dogus is one of the largest Turkish conglomerates with a long-standing operation in Croatia in the tourism and leisure industry. The development of the luxury hotel in Zadar is one of the largest…
DTB Assisted with Sale of Hotel Bonavia
January 2024
Our member firm Divjak Topic Bahtijarevic & Krka acted as legal counsel for the seller, Plava laguna d.d., in relation to the sale of the stunning four-star Hotel Bonavia, located in the heart of Rijeka, to Bonavia Rijeka d.o.o. Plava laguna d.d. manages an extensive portfolio of tourist facilities in Croatia, including hotels, resorts and camps.
DTB’s team, led by the Managing Partner Emir Bahtijarevic, was comprised of attorneys Sanja Novoselic and Barbara Simic. The team provided legal advice and support to the client in due diligence, negotiations, structuring of the…
DTB Advised on the Sale and Purchase of Shares in Croatian Company RABO d.o.o.
October 2023
Divjak Topic Bahtijarevic & Krka acted as a leading legal counsel for the buyer, a Hungarian company Apple Heaven Kft, in relation to the sale and purchase of shares in the company RABO d.o.o., one of the largest producers and exporters of apples and nectarines in Croatia.
DTB's team comprising Managing Partner Emir Bahtijarevic and attorneys Jasna Belcic, Zrinka Mustafa Prelic, Sanja Novoselic, Dominik Glavina, Iva Vukoja, Barbara Simic, and trainee Anella Bukovic provided legal advice and support to the client in due diligence, negotiations, structuring of the…
Investment of Croatian Electricity Company (HEP) – SE Korlat
June 2023
By 2030, HEP intends to increase the share of renewable sources in the production portfolio by 50 per cent and to increase the annual production from renewable sources from the current six to nine billion kWh. At the moment, HEP has more than 60 renewable energy projects in various stages of development, with a total capacity of around 1,400 MW and an estimated investment value of almost 1.5 billion euros. SE Korlat stands out among them, with 75 MW of connected and 99 MW of installed capacity and an estimated investment value of around 80 million euros, which will be built right next…
Investments in Green Energy
June 2023
Croatian privately held investment group Energia Naturalis (ENNA) has started preparations for an initial public offering (IPO) and plans to put more than EUR 1.0 billion (USD 1.07 billion) into green projects in Croatia.
Adriatic Hub New Logistic Centre
June 2023
The logistics company DPD Croatia, which operates as part of the global Geopost group, has started the construction of a new sorting and logistics center called the Adriatic Hub, which will process parcels for both Croatia and Slovenia. This is DPD's largest investment in infrastructure improvement in the new and largest distribution center so far, in the amount of EUR 23 million, while the value of the technological investment is EUR 10 million.
