BDK Advokati has advised Waberer’s International on its acquisition of a 55% stake in the MD International distribution company in Serbia, with an option for the remaining 45%. JPM & Partners advised MDI shareholder Dragoslav Micic. Marjanovic Law reportedly advised the other sellers.
Financial details were not disclosed. The transaction is expected to close by year's end.
According to BDK Advokati, Waberer’s is the largest road transport company in Hungary and one of the largest road freight transport companies in Europe, operating a fleet of 3,500 trucks. It has a presence in Belgium, Germany, France, Italy, the Netherlands, Poland, and the UK.
MDI is a Serbian distribution industry player responsible for brands such as Henkel, Vileda, Wilkinson Sword, and Pionir.
The JPM & Partners team included Partner Aleksandar Hadzic.