NKO Partners and Lovric Novokmet Smrcek have advised French Conforama on the sale of furniture and appliance company Emmezeta and subsidiary Emma Real Estate to Poland's Merkury Market. Marohnic, Tomek & Gjoic advised LCN Capital Partners on the sale of a related real estate portfolio. Glinska & Miskovic, Samardzic Oreski & Grbovic, and Brzozowska & Barwinska advised the buyer.
The real estate portfolio consisted of five Emmezeta retail and warehouse units with a total leasable area of over 75,000 square meters.
According to NKO Partners, "the takeover is part of a wider transaction which included the acquisition of the Croatian company Fliba, the manager of the Emmezeta-branded stores in Croatia."
Merkury Market specializes in furniture, home equipment, and building materials trading and operates over 60 stores for construction materials and furniture in Poland, the Czech Republic, and Slovakia. According to SOG, "this transaction allows them to expand their business in Southeast Europe by adding 16 Emmezeta stores in the Serbian and Croatian markets."
The Lovric Novokmet Smrcek team consisted of Partner Mate Lovric and Senior Associates Katarina Simac and Tomislav Tot.
MTG’s team included Partners Josip Marohnic and Tena Tomek and Attorney-at-Law Ivona Zagajski.
The SOG team was led by Partner Milan Samardzic and Senior Associate Milan Novakov.
Brzozowska & Barwinska’s team included Managing Partner Beata Barwinska-Piotrowska and Lawyer Aleksandra Szymczak.