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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.

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Maric & Co Law Firm stands on the shoulders of more than 70 years of experience and practice in the legal market of Bosnia and Herzegovina. Having in mind that it is difficult to find a small country with such a complicated political and legal system, we are fully aware that quality advice requires deep understanding of different areas of law. In a country where legislation is created on state, entity and cantonal levels, without proper harmonization, and where the same regulation can be applied differently by two different courts, only domestic lawyers who are well-versed in local regulations and court practices, and who are highly specialized in their practice area, may actually help their client.

With this understanding, today, the firm Maric and Co is the largest law office in the country dealing exclusively with business law. This means that we provide wide expertise in resolving all issues that domestic and international investors encounter when setting up and operating businesses in Bosnia and Herzegovina. The scope of the office allows each of our attorneys to highly specialize in their fields, whilst the size of our team ensures delivery of premium advice and seamless service. Our firm seeks long-term partnerships with clients with the aim of providing the best and most complete solution to the client's legal needs. We are proud to say that our clients do not leave us.

We apply the same principles to our international affairs, aware of the fact that no foreign lawyer can have the same understanding of legal regulations of a country as a domestic lawyer. Therefore, our philosophy is not to open branches in countries where our clients do business, but to closely connect with top tier lawyers in those countries. Our law firm is one of the founding members of SEE Legal – a group of ten leading national law firms from 12 South East European countries. This network enables us to provide the best advice and representation in these countries. Additionally, as a result of our strong relationship with the majority of global law firms, we are able to provide law services anywhere in the world.

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