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Selih & Partnerji Advises Paloma on Equity Capital Increase by ECO-Investment

Selih & Partnerji Advises Paloma on Equity Capital Increase by ECO-Investment


Selih & Partnerji is reporting that it advised Slovenia's Paloma d.d. on the equity capital increase into the company by ECO-Investment, a.s., (Czech Republic) in the amount of EUR 18.2 million at the price of EUR 4.01 per share. The equity capital increase procedure was conducted by Erste Group Bank AG and P&S CAPITAL, which served as financial advisors to Paloma.

Paloma management initiated the process of a capital increase in order to modernize production facilities, increase operating capacity; take advantage of current and future market opportunities and remove current bottlenecks, thereby enhancing efficiency and financial results. 

According to Selih & Partnerji Partner Mia Kalas, "as a consequence of the recapitalization, the shareholding of the Slovenian Sovereign Holding (SSH) in Paloma was diluted from 71% to 31%." Kalas, who led the firm's team on the deal, reports that "it is generally expected that the SSH will dispose of its shareholding in the mandatory takeover offer to follow."

Kalas was supported by Partners Tilen Terlep, Nina Selih, and Helena Butolen.

ECO-Investment was advised by Attorney-at-law Marko Kosmac.

Slovenia Knowledge Partner

ODI is one of the leading independent corporate law firms in South-Eastern Europe and one of the fastest growing in the region with a team of 40 lawyers which provides legal services to a wide range of premier clients, including local and multinational corporations and financial institutions.  With permanent presence in all ex-Yugoslavia countries by offices in Slovenia, Serbia, Croatia and Macedonia and working desks for Bosnia and Montenegro ODI provides seamless service in the region for all cross-border projects and prides itself on an unmatched understanding of the business cultures in the region. The 4 core practice areas are M&A, Corporate Restructuring, Banking Finance and Dispute Resolution. ODI team has a reputation for successfully managing large and complex multi-jurisdictional transactions, disputes and projects, and delivering outstanding outcomes for clients.

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