Karanovic & Partners has advised Sweden's Backer AB on the acquisition of shares in Serbia's Elektrotermija d.o.o.
Backer AB is a member of the NIBE Group, which develops and manufactures intelligent, energy-efficient indoor comfort solutions. Elektrotermija, which was founded in 1983, produces different kinds of electric heaters and devices.
Karanovic & Partners‘ team included Partner Ivan Nonkovic and Associate Igor Radovanovic.
Karanovic & Partners did not reply to our inquiry on the matter.