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Karanovic & Partners Advises Fortaco Group on Acquisition of Rapp Zastava in Serbia

Karanovic & Partners Advises Fortaco Group on Acquisition of Rapp Zastava in Serbia

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Karanovic & Partners, working with Advokatfirmaet Selmer, has advised the Fortaco Group on its acquisition of marine industry supplier Rapp Zastava.

The Fortaco Group is a producer of vehicle cabins and steel fabrications  and provider of vehicle assembly services. The company boasts 40 years of experience in steel fabrication and currently employs around 2,300 people. Rapp Zastava produces winches, net reels, pumps, and other marine equipment. The company currently employs 150 people and is located in Gruza, Serbia.

The Karanovic & Partners team included Partner Ivan Nonkovic and Senior Associate Marko Culafic. The firm did not reply to an inquiry about the deal.

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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