NKO Partners has advised the BizLink Group on its EUR 3.5 million acquisition of a commercial property and production facilities in Prokuplje, Serbia, from Gama Investor Solutions. Attorney-at-law Aleksandar Kuljak reportedly advised the seller on the deal.
The BizLink Group is a US-based manufacturer of wire harnesses and cables used in industries such as IT and CE, motor vehicle, electrical appliances, and medical equipment, among others. According to NKO Partners, the company entered the Serbian market in 2017 by acquiring the former Leoni.
This transaction marks the second case NKO Partners has helped the BizLink Group on this year, following its assistance with the group's internal restructuring in August (as reported by CEE Legal Matters on August 21, 2020).
The NKO Partners team consisted of Partner Djordje Nikolic and Senior Associate Marina Nikolic.