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Karanovic & Partners and Manic-Gojic Advise on GlobalGlass Acquisition of Srpska Fabrika Stakla

Karanovic & Partners and Manic-Gojic Advise on GlobalGlass Acquisition of Srpska Fabrika Stakla

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Karanovic & Partners has advised Switzerland's GlobalGlass on its acquisition of Srpska Fabrika Stakla. The Manic Gojic Law Office advised SFS's insolvency administrator on the sale.

"Srpska Fabrika Stakla was put on sale in September 2022," Karanovic & Partners informed. "As quoted in a Serbian government press release, the Swiss company plans to invest over USD 300 million in the next six years."

"The company was sold as a legal entity within the bankruptcy procedure," Manic-Gojic reported.

GlobalGlass is a Swiss company that owns glass products trader Steklarna Hrastnik. Paracin-based Srpska Fabrika Stakla is a Serbian glass maker.

The Karanovic & Partners team included Partner Ivan Nonkovic, Senior Associate Sava Draca, and Associate Filip Susulic.

The Manic-Gojic team included Partner Veselin Gojic.

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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