Markovic Vukotic Jovkovic has advised De Heus on its acquisition of Serbian compound feed plant Komponenta from HZZ Komponenta DOO. Tasic & Partners advised the sellers in the deal.
According to De Heus, with the acquisition of this new plant in Cuprija, Serbia, De Heus now has two production locations in the country. The investment in Komponenta follows an extensive investment program for its other factory in Sabac, Serbia, which focused on modernizing the production process and expanding production capacity by 50%.
De Heus said the new plant will be entirely renovated to meet its high quality standards. For this purpose, the production line will be renewed and equipped with modern production techniques. These adjustments are expected to be completed by the end of 2018, after which the plant will be commissioned.
The MVJ team included Partners Marko Jovkovic and Nikola Vukotic and Associate Sanja Bogaroski.
Tasic & Partners did not reply to our inquiries about the deal.