25
Wed, Dec
91 New Articles

Closing: Big Bang’s Acquisition of BC Group Now Closed

JPM & Partners Advises on Big Bang Acquisition of BC Group

Serbia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

On December 15, 2023, JPM & Partners announced that Slovenian Big Bang's acquisition of Serbian online retailer BC Group (reported by CEE Legal Matters on September 1, 2023) had closed.

According to JPM & Partners, “with this acquisition, the Big Bang Group continues its expansion in the region. By increasing the sales range to sports, fitness equipment, tools, toys, furniture, and home accessories, expanding the 'pickup point' network, increasing storage capacity, and providing the best possible user experience, Big Bang is planning to achieve revenues in Serbia to EUR 55 million in the next year, and by 2027 the plan would be to generate around EUR 90 million in revenue and increase market share in online sale.”

As previously reported, JPM & Partners advised Big Bang in Serbia; Ketler & Partners, a member of Karanovic, advised Big Bang and shareholder Bidigital on Slovenian matters; while the Andric Law Office reportedly advised the sellers.

Big Bang is the largest Slovenian retailer of entertainment and consumer electronics.

The JPM team was led by Partners Jelena Stankovic Lukic and Nikola Poznanovic.

The Ketler & Partners team included Senior Associate Nina Krajnc and Junior Associate Luka Skledar.

JPM Partners at a Glance

We are a full service commercial law firm in Serbia, with over 30 years of successful practice in SEE region and true and lasting partnerships with our clients.

Our diverse teams of lawyers are focused on practice in specific legal areas, handling some of the most high-profile multijurisdictional matters in energy, project development, mining, foreign investments, corporate and commercial. We are highly sought-after for legal advice in creative industries, environmental law and white-collar crime, as well as intellectual property, international arbitration, labor and data protection

As an exclusive member of Lex Mundi – the world’s premiere network of leading independent law firms, we interconnect and reach globally. Regionally, we advise clients in Montenegro directly, through well established partnership with ‘JPM Montenegro Partner Vukmirovic Misic law firm’ and close working relationships with selected first-rate firms in the region. Working together with our domestic and international clients on their most significant transactions and around entry to Serbian market, allows us to operate as the perfect hub for SEE and other cross-border transactions.

Our clients operate in increasingly competitive landscape and we are identifying new methods of using legal technology, to help them increase efficiency, save time and streamline work processes - document management, billing and accounting. By adopting LUMINANCE AI platform for legal professionals, we use machine-learning for contract analyses across our practice groups, as well as eDiscovery revolutionary software to simplify operations in all forms of litigation.

With exclusive access to EQUISPHERE – Lex Mundi Innovative service model, our clients can design their own legal team by choosing the best lawyers in the relevant jurisdictions, sharing documentation and communicating with all teams at any time, from a single point of contact.

Consistently recognized as a top-tier law firm, both by clients and leading independent legal directories Chambers & Partners, Legal 500 and IFLR1000, we remain committed to delivering highest quality service to our clients and help them succeed in overcoming cross-border challenges. We remain committed to continuously share our knowledge by regularly publishing articles, giving lectures and organizing international conferences.

Firm's website: http://jpm.rs/