Tus & Grzic has advised mandatory pension funds management company PBZ Croatia Osiguranje on its participation in a EUR 28 million mandatory takeover bid for Cakovecki Mlinovi with Mlin i Pekare and Allianz ZB participating as other bidders. Kovacevic Prpic Simeunovic advised Mlin i Pekare and its affiliate Plodinec. Gugic Kovacic Krivic advised Allianz ZB.
Allianz ZB is a pension funds management company.
Mlin i Pekare is a Croatian food industry company.
Cakovecki Mlinovi is a Croatian milling company based in Cakovec.
According to Tus & Grzic, the bidders aim to consolidate the operations of the MIP Group and the Cakovecki Mlinovi to increase competitiveness, expand operations in the relevant market, optimize costs, and increase the client base with planned modernization efforts.
The Tus & Grzic team included Senior Partner Tomislav Tus and Associates Ivana Busic and Lorena Basic.
The Kovacevic Prpic Simeunovic team included Partners Marina Prpic and Dinka Kovacevic and Senior Associate Valentina Plantic.
The Gugic Kovacic Krivic team included Partner Damjan Krivic and Senior Attorney at Law Inga Paripovic.
