Cipcic-Bragadin Mesic & Associates has acted for Flixbus CEE South d.o.o. in its acquisition of competitor Auto Poduzece Imotski Ltd.
According to Cipcic-Bragadin Mesic & Associates, "the transaction was structured as an acquisition of 100 % of shares in [API] and includes a business combination with another competitor that joined Flixbus’s existing network of partners. The acquisition enables Flixbus to expand its network and service throughout Bosnia and Herzegovina but also throughout new lines in Croatia."
The value of the transaction was undisclosed.
The Cipcic-Bragadin Mesic & Associates team consisted of Managing Partner Silvije Cipcic-Bragadin, Partner Marina Mesic, and Associate Igor Sabic.