JPM Jankovic Popovic Mitic has advised Pertula Holdings Ltd. and Aleksandar Popovic on the sale of the remaining shares in Grand Production to Grand Slam Group. Moravcevic Vojnovic and Partners in cooperation with Schoenherr reportedly advised the buyers.
The Grand Slam Group is a member of the United Group, a multi-play telecom and media provider in Southeast Europe.
According to JPM, "Grand Production is a famous production and publishing house founded in 1998, whose business activity is recording and publishing of sound recordings and music, management of publishing rights, production of TV shows, [and] TV channels. Grand Production manages the publishing rights of tens of thousands of songs and produces TV shows that are broadcast on the TV channels Grand and Grand2, such as Grand Show, Zvezde Granda, Music Mix, TV Chef, and others."
JPM's team was led by Partner Nikola Poznanovic.