Krehic & Partners in cooperation with Deloitte Legal has advised Slovenia's Iskra on its acquisition of Croatia's Elka Cables from Cotra d.o.o and Miljenko Hacek.
The transaction remains contingent on regulatory approval.
Elka, which was founded in Zagreb in 1927, produces power lines and different types of cables, including telecommunication and fiber optic cables, halogen-free and flame retardant marine cables, and cables for the petrochemical industry.
The Iskra Group, founded 75 years ago, has become the largest Slovenian company dealing with process automation, electrical distribution system, water purifiers, power line communication, rail and road transport automation, and software solutions in the field of energy and logistics.
The Krehic & Partners team was led by Partners Ivan Zornada and Tarja Krehic and included Attorney Valerija Cerovski and Associate Jelena Kraljevic.