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Closing: Big Bang’s Acquisition of BC Group Now Closed

JPM & Partners Advises on Big Bang Acquisition of BC Group

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On December 15, 2023, JPM & Partners announced that Slovenian Big Bang's acquisition of Serbian online retailer BC Group (reported by CEE Legal Matters on September 1, 2023) had closed.

According to JPM & Partners, “with this acquisition, the Big Bang Group continues its expansion in the region. By increasing the sales range to sports, fitness equipment, tools, toys, furniture, and home accessories, expanding the 'pickup point' network, increasing storage capacity, and providing the best possible user experience, Big Bang is planning to achieve revenues in Serbia to EUR 55 million in the next year, and by 2027 the plan would be to generate around EUR 90 million in revenue and increase market share in online sale.”

As previously reported, JPM & Partners advised Big Bang in Serbia; Ketler & Partners, a member of Karanovic, advised Big Bang and shareholder Bidigital on Slovenian matters; while the Andric Law Office reportedly advised the sellers.

Big Bang is the largest Slovenian retailer of entertainment and consumer electronics.

The JPM team was led by Partners Jelena Stankovic Lukic and Nikola Poznanovic.

The Ketler & Partners team included Senior Associate Nina Krajnc and Junior Associate Luka Skledar.

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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