Zivkovic Samardzic Advises Samsic Holding on Buying Out Samsic STM Minority Shareholders

Zivkovic Samardzic Advises Samsic Holding on Buying Out Samsic STM Minority Shareholders

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Zivkovic Samardzic has advised Slovenia's Samsic Holding on its acquisition of the remaining 45% stake in Belgrade-based facility management, construction, and installation services provider Samsic STM from the two founding shareholders. Sole practitioner Jelena Rasovic advised the minority shareholders.

Samsic Holding Dejavnost Holdingov d.o.o, is the Slovenian member of the French Samsic Group. Founded in 1986 and based in Rennes, France, with 117,000 employees and an annual turnover of EUR 3.45 billion, Samsic is a European facility management group. It operates in 27 countries and has over 30,000 customers.

As a result of the transaction, Samsic became the sole shareholder of the group’s subsidiary in Serbia, the firm reported. Zivkovic Samardzic had also advised on the initial acquisition, back in 2017, when the firm advised the Samsic STM (formerly Tim Kolos) shareholders on the sale of 55% of shares in the company to Samsic Holding (as reported by CEE Legal Matters on August 31, 2017).

The Zivkovic Samardzic team included Partner Igor Zivkovski and Associate Teodora Milosevic.