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JPM, Havel Holasek & Partners, and Bojanovic & Partners Advise on Dr. Max Acquisition of Pharmacy Chains in Serbia

JPM, Havel Holasek & Partners, and Bojanovic & Partners Advise on Dr. Max Acquisition of Pharmacy Chains in Serbia

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JPM and Havel, Holasek & Parters have advised Dr. Max Group on the acquisition by its AsterFarm subsidiary of prominent Serbian pharmacy chains Farmanea and Farmakop. Bojanovic & Partners advised the sellers, Lovorka Nikolic and Miomir Nikolic.

Dr. Max Group is a group member of Penta Investment Group, the largest pharmacy network in Central and Eastern Europe. According to JPM, "Dr. Max is one of the biggest pharmacy chains in the CEE, the market leader in Czechia and Slovakia, and one of the biggest pharmacy chains in Poland. It operates almost 1000 pharmacies and serves more than 210,000 customers daily."

JPM also advised Dr. Max Group throughout the merger control procedure before the Serbian competition authority regarding its acquisition of sole control over Farmanea and Farmakop, which resulted in the Commission for Protection of Competition's unconditional approval.

Partners Jelena Stankovic and Nikola Poznanovic led JPM team's, with Partner Nikola Poznanovic representing Dr. Max Group during merger approval procedures before the Commission for Protection of Competition.

The Havel, Holasek & Partners team was led by Partner Vaclav Audes, supported by Jan Frey (who has since moved from Managing Associate to Partner) and Associate Martin Strban.

The Bojanovic & Partners team was led by Partner Vladimir Bojanovic and Senior Associate Stefan Jovicic.

Serbia Knowledge Partner

Who we are

Karanovic & Partners is a regional legal practice in Southeast Europe with tradition spanning two decades and cooperating offices in Serbia, Croatia, Slovenia, Montenegro, Macedonia and Bosnia & Herzegovina. With more than 100 attorneys at law cooperating across the region, we take pride in our work, dedication and understanding of our clients' industries and needs.

What we do

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, startups and NGOs. We see our clients as long-term partners.

We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

What sets us apart?

In our company culture, excellence is a must. We are reliable, adaptive and fast.

Karanovic & Partners operates under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

All News about, and Legal Analysis by, Karanovic & Partners can be found here.

Firm's website: https://www.karanovicpartners.com/


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