JPM & Partners has advised Slovenia's Big Bang on its acquisition of Serbian online retailer BC Group. The Andric Law Office reportedly advised the sellers.
The transaction remains contingent on regulatory approval.
Big Bang is the largest Slovenian retailer of entertainment and consumer electronics.
According to JPM & Partners, “with this acquisition, the Big Bang Group continues its expansion in the region. After the takeover, the entire group will have nearly 700 employees, in a market with a total population of 16 million, with plans to generate over half a billion euros in revenue by 2028.”
The JPM & Partners team included Partners Jelena Stankovic Lukic and Nikola Poznanovic and Senior Associates Zivko Simijonovic and Janez Voncina.
Editor's Note: After this article was published, Karanovic & Partners informed CEE Legal Matters that Ketler & Partners, a member of Karanovic, advised Big Bang and shareholder Bidigital on the Slovenian aspects of the acquisition. The firm's team included Senior Associate Nina Krajnc and Junior Associate Luka Skledar.
