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K&L Gates Advises OT Logistics on Acquisition of Shares in Luka Rijeka

K&L Gates Advises OT Logistics on Acquisition of Shares in Luka Rijeka

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K&L Gates has advised OT Logistics S.A. on the acquisition of 11.75% of shares in Luka Rijeka d.d., as well as on the conclusion of a joint policy agreement with Allianz ZB and Erste funds. Krajinovic and Partners advised OT Logistics on Croatian law.

The block of Luka Rijeka shares was purchased by OT Logistics from the Republic of Croatia on September 7, 2017 through a block trade transaction on the Zagreb Stock Exchange, subsequent to the acceptance of OT Logistics S.A.’s offer submitted in a tender organized by the Croatian government.

In addition, on September 15, 2017, OT Logistics S.A. and Allianz ZB and Erste concluded a joint policy agreement related to Luka Rijeka d.d. As reported previously, OT Logistics' acquisition of shares in Luka Rijeka was financed by Bank Gospodarstwa Krajowego, with Wolf Theiss advising the bank and Wiewiorski Legal advising OT Logistics.

The K&L Gates team advising on Polish law was led by Administrative Partner Maciej Jamka and Counsel Jakub Pitera.

Zoran Krajinovic led the Krajinovic and Partners team.