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Savoric & Partners and Planinic Soljic and Partners Advise on Studenac's Acquisition of Lonia Trgovina

Savoric & Partners and Planinic Soljic and Partners Advise on Studenac's Acquisition of Lonia Trgovina

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Savoric & Partners has advised Croatian retail chain company Studenac on its acquisition of Lonia Trgovina. Planinic Soljic and Partners advised the sellers.

Studenac is a Croatian chain of 750 stores, in more than 500 locations. According to Savoric & Partners, the acquisition of Lonia Trgovina is the biggest acquisition for Studenac, adding almost 300 stores and expanding its network to more than 1,000 stores. The acquisition represents a “horizontal concentration on the retail market of mixed goods, mostly food, beverages, and sanitary products, in the town of Zagreb and in the counties of Zagreb, Sisak-Moslavina, Bjelovar-Bilogorska, Pozega-Slavonija, Brod-Posavina, Karlovac, Varazdin, and Koprivnica-Krizevci.”

Savoric & Partners’ team included Partners Nina Radic Kuzik and Mia Lazic, Senior Associates Marko Kruc, Ivan Ivkovic, Natasa Trbovic, and Sandra Tomaskovic, and Associates Nives Kolonic and Martin Hren.

The Planinic Soljic and Partners team included Partners Ivana Semov-Siljeg, Kresimir Planinic, and Domagoj Soljic and Associate Fran Markic.

Editor's Note: After this article was published, Clifford Chance announced that it had advised Bank Pekao and the European Bank for Reconstruction and Development on the financing provided to Studenac for the purposes of the acquisition. The firm's Warsaw-based team included Partner Andrzej Stosio, Counsel Irena Floras-Goode, and Associates Piotr Weclawowicz, Artur Gladysz, Aleksander Smakosz, and Aleksandra Sierac.

Croatian Knowledge Partner

Čipčić-Bragadin Mesić & Associates is one of the leading law firms in Croatia that serve companies, credit & financial institutions and public entities. We have been recommended and recognized as the legal experts and service leaders by many leading international legal guides for more than 15 consecutive years. With roots dating from 1928. we now probably have more tradition, experience and market presence than almost any other law firm in Croatia. We work closely with the leading international law firms and consultants so we’re able to manage complex, cross-border projects and deals seamlessly and successfully. Around 85% of our clients are international enterprises doing business in Croatia. List of our clients include some of the world-renowned companies such as Amazon Europe Core, China Machinery Engineering Corporation, Tate & Lyle, Nafta a.s., Unilever Croatia, Unilever Hungary, Lenovo, Innoenergy CE, Flixmobility, Flixbus CEE South, Okoenergie Group, CTC Holding, Bunge Limited, Chipita, Rolls-Royce, Canvas Holidays, Vacalianselect, Redgate Software, Red gate Investment, Yahoo!, Aston Martin Lagonda, Domino Printing UK, Domino Printing Sciences, Goldman Sachs, Deutsche Bank, Barclays Bank, HSBC, State Street Bank, Citigroup Global Markets, Credit Suisse, Bank of America Merill Lynch, Standard Chartered, Och-Ziff Capital Management, Amundi Asset Management, Altima International, Red Arc Global Investments, SMBC Nikko Capital Partners, Royal Bank of Scotland, Morgan Stanley International, J.P. Morgan group, Allianz Global Investors, Schroders, Macquarie Bank, Digital Finance International, Winton Capital Management, Citibank, Invesco Asset Management Österreich, Croatian Pension Investment Company, Unicredit Bank AG etc. We enjoy learning about our clients’ businesses and want to understand them completely so we can provide the best possible and complete service.

All News about, and Legal Analysis by, Čipčić-Bragadin Mesić & Associates can be found here.

Firm's website: cipcic-bragadin.com

 

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