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Karanovic & Partners Advises CSG on Acquisition of Majority Stake in Must Solutions

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Karanovic & Partners has advised Czechoslovak Group on its acquisition of a majority stake in Belgrade-based aerospace technology company Must Solutions. Zecevic & Lukic reportedly advised the seller.

According to Karanovic & Partners, the transaction supports CSG’s strategic expansion into the unmanned aerial systems sector. Must Solutions specialises in the development and production of propulsion systems for unmanned aerial vehicles, including turbojet and turbofan engines. The acquisition is expected to strengthen CSG’s technological capabilities in advanced UAS components.

The Karanovic & Partners team included Senior Partner Milos Vuckovic, Partner Sava Draca, and Junior Associate Kristijan Nikolic.

Editor's Note: After this article was published, Zecevic & Lukic confirmed its participation on behalf of the seller, Vladimir Jazarevic. The firm's team included Senior Partner Slobodan Zecevic, Partner Mirjana Kovacevic, and Associate Marko Stojanovic.

Karanovic & Partners at a Glance

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/