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JPM and BDK Advokati Advise on Sale of Merkur Gaming Slots Shares

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Jankovic Popovic Mitic has advised Adp Gauselmann GmbH, a member of the Gauselmann Group, on the sale of 49% of shares in its Serbian subsidiary, Merkur Gaming Slots d.o.o., to Aleksandar Jojic. BDK Advokati advised Jojic, a minority shareholder of Balkan Bet, on the acquisition.

The deal closed on September 10, 2018 following the approval of the Serbian Competition Commission. According to BDK Advokati, this acquisition is a final step in the global transaction between Jojic and Adp Gauselmann GmbH in which Merkur Gamig Slots also acquired 51% of the share capital of Balkan Bet from Jojic .

The Gauselmann Group has more than 250 entertainment centers in eight European countries operating under the Casino Merkur-Spielothek brand.

Merkur Gaming Slots offers land-based gaming products like games, slot cabinets, and progressive jackpots systems. Balkan Bet is a bet-shop in Serbia.

JPM also advised the three parties on merger approval aspects of the transactions.

The JPM team consisted of Partners Jelena Stankovic and Nikola Poznanovic and Senior Associates Anja Sakan and Bojana Javoric.

BDK Advokati’s team was led by Senior Partner Vladimir Dasic, assisted by Associate Jelena Zelenbaba.


JPM Jankovic Popovic Mitic at a Glance

The oldest full service commercial law firm in Serbia, founded in 1991, JPM with three decades of experience in assisting local and international businesses presence and growth not only in Serbia but throughout the SEE region.

We have accumulated a wealth of knowledge in every industrial and corporate sector, from energy to banking, transport, manufacturing and telecommunications, while remaining true to a pioneering spirit that has always drawn us to follow the latest trends and developments in providing of our services to clients. Today we use the latest legal tech available in serving our clients and are expanding our services to clients from growing industries such as renewable energy, IT and life sciences, by offering innovative solutions and a pro-active approach to broaching new grounds.

Our expertise, experience, and commitment to professional excellence mean we are routinely involved in landmark cases and transactions, while our high standing among clients and peers sees us ranked among the leading law firms by independent guides such as Chambers & Partners, Legal 500, and IFLR1000.

We are known for working closely with clients and treating their problems as our own. Our lawyers pride themselves on being team players, fast and available, specialised in terms of practice area and industry, but versatile and creative in their thinking. We believe our advice should be tailor-made and that even the thorniest issue has a legal solution.

Our membership of Lex Mundi (the world’s premiere network of independent law firms) and the TLA (a regional alliance of leading firms from Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Serbia) means we have close working relationships with first-rate firms throughout the region and around the world, enabling us to operate as the perfect hub for SEE and other multi-jurisdictional transactions.

Firm's website: http://jpm.rs/