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NKO Partners Advises Dr. Max Group on Acquisition of Cvejic Pharmacy Chain

NKO Partners Advises Dr. Max Group on Acquisition of Cvejic Pharmacy Chain

Serbia
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NKO Partners has advised the Dr. Max Group on its acquisition of the Cvejic pharmacy chain in Serbia. Bajic & Popovic reportedly advised the seller.

The Cvejic pharmacy chain comprises 66 pharmacies in Serbia, including Vojvodina, Belgrade, and Nis. According to NKO Partners, after this acquisition, Dr. Max now owns close to 300 pharmacies in Serbia.

The Dr. Max Group is a Prague-headquartered pharmacy chain operating in Central and Eastern Europe. The company has over 2,200 pharmacies in six countries, including the Czech Republic, Slovakia, Poland, Romania, Serbia, and Italy.

Earlier this year, NKO Partners also advised the Dr. Max Group on its acquisition of AU Medis Lek (as reported by CEE Legal Matters on January 6, 2023). 

The NKO Partners team was led by Partner Djordje Nikolic and Senior Associate Branko Jankovic.

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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