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BDK Advokati Supports British American Tobacco on Acquisition of Fabrika Duhana Sarajevo Assets

BDK Advokati Supporta British American Tobacco on Acquisition of Fabrika Duhana Sarajevo Assets

Bosnia and Herzegovina
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The Bosnian practice of BDK Advokati in cooperation with attorney-at-law Dijana Pejic has advised British American Tobacco on its acquisition of the assets of the Bosnian tobacco products manufacturer Fabrika Duhana Sarajevo. The transaction closed on August 7, 2017, following merger clearance by the Bosnian competition authority and internal approvals in FDS.

According to BDK, the acquired assets consist of "a trademark portfolio (Aura, Drina, Code, and Royal) and 100% of the shares of the retailer Tobacco Press Mostar."

In addition, as part of the overall transaction, BAT and FDS entered into a long-term manufacturing agreement according to which FDS will continue to produce tobacco products for BAT under the trademarks it sold to BAT.

BDK's M&A team was coordinated by Senior Partner Vladimir Dasic, while Bosnian law advice was provided by Attorney at Law Dijana Pejic. Associate Dragoljub Sretenovic assisted with finance aspects of the deal. The IP law advice was coordinated by Partner Bogdan Ivanisevic and Associate Marko Popovic, while Managing Partner Tijana Kojovic and Associate Bisera Andrijasevic coordinated competition law aspects, including appearing before the Bosnian Competition Council in the merger clearance proceedings.