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JPM Advises on Serbian Aspects of BASF's Sale of Construction Chemicals Business

JPM Advises on Serbian Aspects of BASF's Sale of Construction Chemicals Business

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Jankovic Popovic Mitic has advised BASF on the sale of its Construction Chemicals business in Serbia to an affiliate of private equity firm Lone Star. 

According to JPM, BASF and an affiliate of Lone Star signed an agreement in 2019 for the acquisition of BASF’s Construction Chemicals business worldwide. With around 7,500 employees, the Construction Chemicals business operates in more than 60 countries, including Serbia.

The Serbian part of the transaction closed on November 30, 2020.

JPM’s team was led by Partner Jelena Stankovic Lukic.

Serbia Knowledge Partner

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/

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