JPM Jankovic, Popovic, Mitic, working with Rojs, Peljhan, Prelesnik & Partners and Prebanic & Jusufbasic-Goloman, has advised DuluxGroup on its EUR 194.5 million acquisition of Jub. Jadek & Pensa advised the shareholders of Jub on the deal. Kinstellar and Bogdanovic, Dolicki & Partners have, reportedly, also advised the buyer.
DuluxGroup is an Australian paints group owned by Japan-based Nippon Paint. Jub is a Slovenian paints company.
According to JPM, “Dulux plans to turn Jub into a hub for Central and Eastern Europe, preserve its existing brands, and make it part of Nippon Paint’s R&D community. It is stated that the Nippon Group plans to 'build a bridgehead' for decorative paints and external thermal insulation systems in Central and Eastern European markets. The transaction involves the purchase of 99.8% of the Jub Group.”
JPM’s team included Senior Partner Jelena Gazivoda, Partners Jelena Stankovic Lukic, Ivan Petrovic, Jelena Nikolic, Ivan Milosevic, and Aleksandar Popovic, and Senior Associates Bojana Javoric, Anja Sakan, Andrea Cvetanovic, Janez Voncina, and Marko Mrdja.
Jadek & Pensa's team included Senior Partner Sreco Jadek, Partner Ozbej Merc, and Managing Associate Nastja Merlak.
RPPP's team included Managing Partner Grega Peljhan, Partner Bojan Sporar, and Senior Associates Rok Kokalj, Aljosa Krdzic, and Jakob Ivancic.
Prebanic & Jusufbasic-Goloman's team included Senior Partner Olodar Prebanic, Partner Arela Jusufbasic-Goloman, Lawyer Lana Jusufbasic, and Senior Associate Tijana Blesic.
Editor's Note: After this article was published, Kinstellar confirmed its involvement for CEE Legal Matters. The firm's team included Senior Associate Marcell Horvath, Associates Csenge Koller, Laszlo Bujaki, Daniel Peter, and Orsolya Staniszewski, and Junior Associates Judit Sos and Robert Nagy.