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JPM, Havel Holasek & Partners, and Bojanovic & Partners Advise on Dr. Max Acquisition of Pharmacy Chains in Serbia

JPM, Havel Holasek & Partners, and Bojanovic & Partners Advise on Dr. Max Acquisition of Pharmacy Chains in Serbia


JPM and Havel, Holasek & Parters have advised Dr. Max Group on the acquisition by its AsterFarm subsidiary of prominent Serbian pharmacy chains Farmanea and Farmakop. Bojanovic & Partners advised the sellers, Lovorka Nikolic and Miomir Nikolic.

Dr. Max Group is a group member of Penta Investment Group, the largest pharmacy network in Central and Eastern Europe. According to JPM, "Dr. Max is one of the biggest pharmacy chains in the CEE, the market leader in Czechia and Slovakia, and one of the biggest pharmacy chains in Poland. It operates almost 1000 pharmacies and serves more than 210,000 customers daily."

JPM also advised Dr. Max Group throughout the merger control procedure before the Serbian competition authority regarding its acquisition of sole control over Farmanea and Farmakop, which resulted in the Commission for Protection of Competition's unconditional approval.

Partners Jelena Stankovic and Nikola Poznanovic led JPM team's, with Partner Nikola Poznanovic representing Dr. Max Group during merger approval procedures before the Commission for Protection of Competition.

The Havel, Holasek & Partners team was led by Partner Vaclav Audes, supported by Jan Frey (who has since moved from Managing Associate to Partner) and Associate Martin Strban.

The Bojanovic & Partners team was led by Partner Vladimir Bojanovic and Senior Associate Stefan Jovicic.

Serbia Knowledge Partner

Karanović & Nikolić is a leading international legal practice in South East Europe that offers unrivalled regional and sector specific coverage to investors. As a market leading practice, our dedication, quality legal service, and in-depth understanding of the needs of our clients stands out as a differentiating factor. With over 100 advisors across the region, our original values remain an integral part of our philosophy and approach to client work. Karanović & Nikolić has been involved in many of the largest and most complex transactions in the region and we take pride in our reputation as a regional transactional and corporate/commercial legal powerhouse.

Because we have an active business presence in Bosnia & Herzegovina, Croatia, Macedonia, Montenegro, Serbia and Slovenia, we operate seamlessly across all of these jurisdictions, providing regional services to our clients, while taking into consideration local particularities in order to provide the best legal advice under competitive terms. Renowned for the quality of our lawyers and our commercial approach to solving problems, Karanović & Nikolić advises many of the leading companies, banks, investors and government institutions doing business in the SEE region.

All News about, and Legal Analysis by, Karanovic & Nikolic can be found here.

Firm's website: https://www.karanovic-nikolic.com/


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