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Krehic & Partners Helps OMV-Indoil Form Partnership with AVK International

Krehic & Partners Helps OMV-Indoil Form Partnership with AVK International

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Krehic & Partners in cooperation with Deloitte Legal has helped OMV-Indoil form a strategic partnership with AVK International through the sale of shares. Vukmir & Associates reportedly advised AVK International on the deal.

OMV-Indoil is a Zagreb-based producer of ball and butterfly valves used in the oil and gas, power generation, processing, marine, and water treatment industries. The company, which was founded in 1990 by Tomislav Matkovic , currently runs manufacturing facilities in Zagreb, in Croatia, and in Capljina, in Bosnia and Herzegovina.

AVK International is a producer of valves, hydrants, and accessories for water, wastewater, gas, and fire applications. The company was founded in 1941 in Denmark, and currently employs over 4,400 people globally.

According to Krehic & Partners, the new partnership "will strengthen OMV-Indoil’s brand and position and will enable the company to benefit from the AVK Group’s global setup, strengthen the value proposition, and ensure future growth.” According to the firm, Matkovic will continue to be involved in the business as a key stakeholder in the development of the company.

The Krehic & Partners | Deloitte Legal team included Managing Partner Tarja Krehic, Partner Matea Gospic Plazina and Associate Jelena Kraljevic.

Editor's note: After this article was published, Vukmir & Associates informed CEE Legal Matters that it had advised AVK International on the deal. The firm's team included Partners Sanja Tkalec Kovac and Tomislav Pedisic.

Croatian Knowledge Partner

Čipčić-Bragadin Mesić & Associates is one of the leading law firms in Croatia that serve companies, credit & financial institutions and public entities. We have been recommended and recognized as the legal experts and service leaders by many leading international legal guides for more than 15 consecutive years. With roots dating from 1928. we now probably have more tradition, experience and market presence than almost any other law firm in Croatia. We work closely with the leading international law firms and consultants so we’re able to manage complex, cross-border projects and deals seamlessly and successfully. Around 85% of our clients are international enterprises doing business in Croatia. List of our clients include some of the world-renowned companies such as Amazon Europe Core, China Machinery Engineering Corporation, Tate & Lyle, Nafta a.s., Unilever Croatia, Unilever Hungary, Lenovo, Innoenergy CE, Flixmobility, Flixbus CEE South, Okoenergie Group, CTC Holding, Bunge Limited, Chipita, Rolls-Royce, Canvas Holidays, Vacalianselect, Redgate Software, Red gate Investment, Yahoo!, Aston Martin Lagonda, Domino Printing UK, Domino Printing Sciences, Goldman Sachs, Deutsche Bank, Barclays Bank, HSBC, State Street Bank, Citigroup Global Markets, Credit Suisse, Bank of America Merill Lynch, Standard Chartered, Och-Ziff Capital Management, Amundi Asset Management, Altima International, Red Arc Global Investments, SMBC Nikko Capital Partners, Royal Bank of Scotland, Morgan Stanley International, J.P. Morgan group, Allianz Global Investors, Schroders, Macquarie Bank, Digital Finance International, Winton Capital Management, Citibank, Invesco Asset Management Österreich, Croatian Pension Investment Company, Unicredit Bank AG etc. We enjoy learning about our clients’ businesses and want to understand them completely so we can provide the best possible and complete service.

All News about, and Legal Analysis by, Čipčić-Bragadin Mesić & Associates can be found here.

Firm's website: cipcic-bragadin.com

 

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