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Firms From Across SEE Advise on Nomad Foods Acquisition of Fortenova's Frozen Food Business

Firms From Across SEE Advise on Nomad Foods Acquisition of Fortenova's Frozen Food Business

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Akin Gump, Bogdanovic, Dolicki & Partneri, Maric & Co, Isailovic & Partners, Harrisons, Zdolsek Attorneys at Law, Boga & Associates, Popovski & Partners, and Forgo Damjanovic & Partners have advised Croatian conglomerate Fortenova Grupa d.d., on the EUR 615 million sale of its frozen food business to Nomad Foods. Norton Rose Fulbright, Lakatos, Koves & Partners, and five firms from the SEE Legal alliance advised Nomad Foods on the deal, which is expected to close in the third quarter of 2021.

SEE Legal member firms working on the deal included BDK Advokati in Serbia and Montenegro, Divjak, Topic, Bahtijarevic & Krka in Croatia, Selih & Partnerji in Slovenia, Kalo & Associates in Kosovo, and the Polenak Law Firm in North Macedonia.

According to Akin Gump, “brands in the Fortenova Group’s frozen food business include Ledo, Ledo Citluk, and Frikom, household names in Croatia, Serbia, Bosnia & Herzegovina, and other countries in southeastern Europe. The Frozen Food Business Group is the market leader in these regions, where it operates across numerous categories, including fish, fruits, vegetables, ready meals, pastries, and ice cream.”

Akin Gump’s team was led by London- and Moscow-based Partner Sebastian Rice and included London-based Partner Jasper Helder, Senior Counsel Tony Barnes, Counsels Rebecca Carwood Barron, Scott Pettifor, and Matthew Durward-Thomas, Associate Alla Barford, and Trainee Lidia Grasu.

Maric & Co's team included Senior Partner Branko Maric, Partners Bojana Bosnjak-London, Anisa Tomic, Ezmana Turkovic, and Dzana Smailagic-Hromic, and Attorneys Slaven Dizdar and Arijana Hadziahmetović-Softic.

Harrisons' team was led by Consultant Ines Matijevic-Papulin and Senior Associate Milan Keker and included Associates Aleksandra Bujkovic and Aleksandar Jovicevic.

Zdolsek's team included Attorneys Katja Zdolsek and Barbara Kozlevcar Kuhar.

The Popovski & Partners team included Managing Partner Tatjana Popovski Buloski, Partner Ognen Martinov, and Senior Associates Angela Milanovska and Anastazija Anastasovska Kostovska.

Forgo Damjanovic & Partners' team included Partners Zsofia Fuzi and Gabor Damjanovic and Associate Reka Bali.

BDK Advokati's team included Senior Partner Vladimir Dasic, Partners Bogdan Ivanisevic and Luka Popovic, Counsel Bisera Andrijasevic, Attorneys Mladen Vujic, Jelena Brajkovic, and Djordje Zejak, Senior Associate Dijana Pejic Sinik, Associate Jelena Zelenbaba, and Junior Associates Tijana Martinovic, Luka Radojevic, and Anja Gligorevic.

Divjak, Topic, Bahtijarevic & Krka's team included Senior Partners Damir Topic and Mario Krka, Senior Attorney Jasna Belcic, Attorneys Dina Salapic, Olena Manuilenko, Iva Crnogorac, and Emil Cetina, and Associates Sanja Novoselic and Iva Vukoja.

Polenak team included Partners Tatjana Shishkovska and Metodija Velkov, Senior Associates Anastazija Sazdovska and Natasa Popova Alebic, Associates Ana Petrovska Belopeta, Iva Djugumanova, Ivana Slaveska, and Simona Shekerova, and Junior Associates Tiana Dermedzieva and Filip Simjanovski.

The Selih & Partnerji team included Partner Jera Majzelj and Senior Associates Spela Remec, Azbe Tusar, Sanda Planinc, and Lidija Zupancic 

The Lakatos, Koves & Partners team included Partner Ivan Solyom and Lawyer Gyorgy Toth.

Editor's note: In October 2021, DTB and BDK announced that the deal had obtained all relevant regulatory approvals and was completed. 

DTB's updated team composition included Senior Partner Damir Topic, Senior Attorney Jasna Belcic, Attorneys Dina Salapic and Iva Olujic, and Associates Sanja Novoselic and Antonia Mihaljevic.

 

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