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BDK and Komnenic & Associates Advise on Fortenova and Mercator-CG Acquisition of Franca Retail Business

BDK and Komnenic & Associates Advise on Fortenova and Mercator-CG Acquisition of Franca Retail Business

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BDK Advokati has advised Fortenova and Mercator-CG on their acquisition of the Franca retail business in Montenegro from the Franca family. Komnenic & Associates advised the sellers.

The Fortenova Group is a food producer and retailer based in Zagreb. In April 2021, Mercator had become an integral part of the retail network of the Fortenova Group, which now owns 88.1% of Mercator. The move created one of the largest regional retail networks, with more than 50,000 employees, a significant employer in the region.

According to BDK Advokati, “the Franca retail chain consists of 67 retail outlets with over 900 employees across Montenegro. Through this acquisition, the Fortenova Group is strengthening its retail business on the markets in South-East Europe.”

The BDK Advokati team included Senior Partner Luka Popovic, Counsel Bisera Andrijasevic, Associate Sanja Dedovic, and Junior Associate Marija Ksenija Popovic.

Komnenic & Associates’ team included Managing Partner Milos Komnenic and Partner Nemanja Radovic.

Montenegro Knowledge Partner

Law office Vujacic was founded in 1971, and in that time it was one of the first law firms in Montenegro. Today it is a modern business law firm with a long and proud tradition of supporting clients by high quality legal services in all areas of corporative, civil and commercial law. 

Our team of lawyers has shown a great success in areas such as: Mergers & Acquisitions, Telecommunications/Media, Intellectual Property, Administrative Law, Corporate Law, Finance Law, Competition Law, Real Estate, Dispute Resolution, Employment, Tax issues etc. 

As local counsel we have wide experience in all aspects of private and public corporate acquisitions and privatization. Our activities range from conducting due diligence reports, negotiations, preparing security documents and legal opinions.

The guiding principles of our Office are quality, confidentiality, efficient, timely, and cost effective services. We provide efficient legal representation to our clients both on regional and international levels.

All News about, and Legal Analysis by, Law office Vujacic can be found here.

Firm's website: http://www.lawoffice-vujacic.com/


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