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…

BDK Advokati Advised INVENIO in the Process of Segmentation of the Vocational Education Division of LINK Group

November 2023  BDK Advokati advised INVENIO Partners (INVENIO) who joined forces with Accession Capital Partners (ACP) in the process of segmentation of the vocational education division of LINK Group, a leading professional education business in Southeastern Europe. Dentons assisted in relation to English law matters, while NNDKP along with Gladei & Partners assisted in relation to Romanian and Moldovan aspects of the acquisition. INVENIO and ACP will support LINK’s leadership team to expand the company’s geographic reach. Additionally, they will enhance the company’s product…

BOYANOV & Co. Advised Aurelius Group on the Acquisition of Lufthansa’s Catering Operations in Bulgaria

November 2023 BOYANOV & Co. advised  Aurelius Group on the Bulgarian legal aspects in the acquisition of the Bulgarian part of the Lufthansa Group catering business. The Star Alliance carrier initially sold LSG Group’s European business activities to Gategroup in 2019 and then struck a preliminary agreement to sell the remainder of LSG to Aurelius in April this year. The sale, formally completed on 31 October, comprises all the group’s classic catering activities along with its on-board retail and food commerce businesses. It includes a total of around 19,000 employees worldwide and…

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…

BDK Advokati Advised Shareholders of Amiga in the Sale to Beam Global (NASDAQ: BEEM)

October 2023 BDK Advokati advised shareholders of Amiga DOO, a regional leader in the production of poles for mobile networks, street lighting, and innovative solar poles in the sale of 100% of shares to Beam Global (NASDAQ:BEEM). Beam Global is at the forefront of clean technology innovation, offering sustainable solutions for electric vehicle (EV) charging, energy storage, and energy security. BDK’s team is being led by senior partner Vladimir Dasic, with the assistance of finance partner Dragoljub Sretenovic and senior associate Marija Gligorevic.

BDK Advokati Advises Waberer’s International on the Acquisition of MDI

October 2023  Waberer’s International acquired a 55% shareholding in Serbian company MD International (MDI), with an option to acquire the remaining 45%. The purchase price was not disclosed. Waberer’s is the largest road transport company in Hungary and one of the largest road freight transport companies in Europe, operating a fleet of 3,500 trucks. It has a presence in Belgium, Germany, France, Italy, the Netherlands, Poland and the UK. MDI has positioned itself as a significant player in Serbia’s distribution industry, with brands such as Henkel, Vileda, Wilkinson Sword, and Pionir. The…

NNDKP Assisted Insight Enterprises in Acquiring Amdaris, a European Technology Company

October 2023  Nestor Nestor Diculescu Kingston Petersen (NNDKP) was part of the international team of advisors that assisted Insight Enterprises, a Fortune 500 Solutions Integrator focused on driving client success through digital transformation, in acquiring Amdaris, a software development and digital services company based in the UK, with service delivery centers located in several Eastern European countries. As part of the acquisition process, NNDKP assisted the law firm Armstrong Teasdale in London, the European counsel of Insight Enterprises, in carrying out a due diligence check over the…

BDK Advokati Advised Shareholders of Digital Revolution d.o.o. in the Sale of Shares to FIBERS PTE

September 2023 BDK Advokati advised Vision Gaming Holding and other shareholders of Digital Revolution d.o.o. in the sale of 100% of shares to FIBERS PTE from Singapore. Digital Revolution together with Digital 1 operates one of the first online web-gaming sites Circus Bet which was founded in 2016 and immediately became one of the most popular platforms for online betting. BDK team was led by Senior Partner Vladimir Dasic and Junior Associate Andjela Susljik.

BOYANOV & Co. Аdvised Rezolv Energy on the Acquisition of the Rights to Build and Operate a 229 MW Solar Plant

August 2023 BOYANOV & Co. advised Rezolv Energy on the acquisition of the rights to build and operate a 229 MW solar plant in Silistra Municipality, northeastern Bulgaria. Rezolv Energy is an independent renewable energy producer focused on Central and Southeastern Europe which was launched last year by Actis, a leading global investor in sustainable infrastructure. Named ‘St. George,’ the project is set to become the largest solar plant in Bulgaria, with construction beginning later this year and completion expected in early 2025. The St. George plant will be constructed on the site…

BOYANOV & Co. Advised Tietoevry Oyj on the Acquisition of MentorMate LLC

July 2023 BOYANOV & Co. advised Tietoevry Oyj, a Finnish IT software and service company providing IT and product engineering services, on all Bulgarian legal aspects of the acquisition of MentorMate LLC, a digital engineering company headquartered in Minneapolis, USA, from Taylor Corporation. MentorMate provides advanced digital engineering services, human-centered design, and AI capabilities to its customers in North America and Europe. The local subsidiary MentorMate Bulgaria EOOD is one of the leading companies in the sector and a large employer having approx. 800 FTEs. Tietoevry leaders…

BOYANOV & Co. Advised Borealis on the sale of its Indirect Shareholding in Neochim

July 2023 BOYANOV & Co. advised Borealis AG, a subsidiary of the Austrian OMV AG, on all legal aspects of the sale of its indirect shareholding in Neochim AD, a large Bulgarian producer and trader of inorganic and organic chemical products including fertilizers. The transaction was part of the global divestment of Borealis AG of its nitrogen business including fertilizer, melamine, and technical nitrogen products. The business was acquired by AGROFERT – a Czech-based group active in a number of industries in Central Europe, with activities spanning from chemicals and agriculture to food…

BOYANOV & Co. Advised Deluxe Corporation on the Successful Sale of its Subsidiary Hostopia Bulgaria

July 2023 BOYANOV & Co. acted as local counsel for Deluxe Corporation (NYSE: DLX) on the sale of the subsidiary Hostopia Bulgaria EOOD to HostPapa, Inc., a leading global web hosting and cloud service provider for small and medium businesses. The transaction was part of a global acquisition by HostPapa of Deluxe Corporation's web hosting and logo design businesses. The sale was successfully closed on 29 June 2023, after completing the various pre-closing steps and obtaining necessary clearances (press release is available here). The instrumental support of BOYANOV & Co. was highly appreciated…