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Karanović & Partners and Zdolsek Advise on NIBE Acquisition of TIKI Group

Karanović & Partners and Zdolsek Advise on NIBE Acquisition of TIKI Group

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Karanovic & Partners has advised NIBE Industries AB on its acquisition of the TIKI Group, Gorenje’s Serbian subsidiary. The TIKI Group was advised by the Zdolsek law firm.

The transaction remains contingent on the approval of Serbia's competition authority. 

Karanovic & Partners describes the TIKI Group as "one of Europe’s largest manufacturers of water heaters." 

The Karanovic & Partners team was led by Senior Partner Dragan Karanovic and included Associate Igor Radovanovic.

The Zdolsek team was led by Associate Katja Zdolsek.

Editor's Note: After this article was published CEE Legal Matters learned that Gecic Law had assisted Gorenje doo gospodinjski aparati, Slovenia, in the acquisition of the TIKI Group by Sweden's NIBE Industries.

Serbia Knowledge Partner

SOG in cooperation with Kinstellar is a full-service business law firm in Serbia that provides foreign and domestic clients with premium-quality legal advice and assistance across a wide range of key areas of corporate law. The firm was founded in 2015 by a group of seasoned, internationally-trained lawyers. SOG has developed a distinctively dynamic culture, bringing together top talent, fostering entrepreneurship, and maintaining exceptional relationships with its clients.

SOG has achieved consistent growth in the volume of its business, accompanied by an exponential increase in the number of hired associate lawyers and the firm’s network of business contacts. SOG has a robust client base of multinationals, investment and private equity firms, and financial institutions. Clients praise SOG for being commercially minded, very responsive and knowledgeable.

Establishing permanent cooperation with Kinstellar is part of realising SOG's long-term development strategy to be the leading provider of legal services in the Western Balkans market.

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

 

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