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Savoric & Partners Advises Studenac on Acquisition of Pemo

Savoric & Partners Advises Studenac on Acquisition of Pemo

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Savoric & Partners has advised Studenac on its acquisition of Pemo from founder Lovorko Milosevic. Buterin & Posavec reportedly advised the seller.

Studenac is a Croatian retail chain and Pemo is a retail brand.

According to Savoric & Partners, following the transaction, Studenac has become “the largest Croatian retail chain by the number of stores, solidifying its position as a leader in the Adriatic region. The acquisition will add nearly 40 stores to Studenac’s network, bringing the total to almost 750. Pemo’s 300 employees in the Dubrovnik-Neretva county will join the more than 3,700 already working at Omis-based Studenac.”

Savoric & Partners’ team included Partners Nina Radic Kuzik and Mia Lazic and Associates Nives Kolonic and Martin Hren.

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