Selih & Partners has advised Denmark-based ISS on the divestment of its Slovenian subsidiary to B+N Referencia. Kavcic, Bracun & Partners advised the buyers on the deal.
ISS is a facility services provider and this divestment comes as part of a wider 13-country market divestment endeavor in an effort to, according to Selih & Partners, “simplify and focus its business towards key account customers.”
B+N Referencia is a Hungarian facility management company. Last year, as part of the same market move, B+N acquired the ISS subsidiaries in the Czech Republic, Slovakia, Romania, and Hungary (as reported by CEE Legal Matters on April 7, 2021).
Selih & Partners’ team included Partners Spela Remec and Natasa Pipan Nahtigal and Senior Associate Petra Zvrzina.
The Kavcic, Bracun & Partners team included Managing Partner Simon Bracun, Associate Ana Bonca, and Junior Associate Ajda Hirselj Kostrun.
