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NKO Advises Dr. Max Group on Fourth Pharmacy Chain Acquisition in 2023

NKO Advises Dr. Max Group on Fourth Pharmacy Chain Acquisition in 2023

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NKO Partners has advised the Dr. Max Group on its acquisition of the Vranje-based Nova Pharm pharmacy chain in Serbia. 

NKO had already advised the Dr. Max Group on three other pharmacy chain acquisitions in 2023: AU Medis Lek (as reported by CEE Legal Matters on January 6, 2023), Cvejic (as reported on January 31, 2023), and Beolek (as reported on March 9, 2023). 

The firm had also advised the Dr. Max Group on its acquisition of a number of other pharmacy chains in Serbia, in 2022, including Pancevo-based AU Kod Suncanog Sata and Veliko Gradiste-based AU Selic (as reported by CEE Legal Matters on October 11, 2022), Belgrade-based K-Pharma (as reported on June 8, 2022), the Janja pharmacy chain (as reported on March 28, 2022), and the Zlatni Lav pharmacies (as reported on January 5, 2022).

NKO’s team included Partner Djordje Nikolic and Senior Associate Branko Jankovic.

Editor's Note: After this article was published, CEE Legal Matters learned that sole practitioner Zvonko Subasa advised the seller.

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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