Fri, May
71 New Articles

BDK Advokati Advises Valvoline on Acquision of FAM’s Production Plant and IP Rights

BDK Advokati Advises Valvoline on Acquision of FAM’s Production Plant and IP Rights

  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

BDK Advokati has advised Ellis Enterprises d.o.o., a subsidiary of Valvoline, on signing an agreement with a Serbian lubricant producer FAM to acquire its production plant and IP rights for a purchase price of EUR 9.5 million.

The deal is expected to close in the second quarter of 2019 upon the issuance of the relevant merger clearances.

The transaction was approved by FAM creditors in the context of a Pre-Pack Reorganization Plan for FAM.

BDK’s team was led by Senior Partner Vladimir Dasic and included Partner Milan Dakic and Associates Sara Necic, Marko Popovic and Djordje Zejak.

Editor's Note: On July 1, 2019, BDK Advokati announced that the deal had closed has anticipated, following the approval of the Serbian Competition Commission and, BDK reports, "by six banks which are major creditors of FAM." 

Serbia Knowledge Partner

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

Firm's website: https://www.karanovicpartners.com/


Our Latest Issue