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Karanovic & Partners and Manic-Gojic Advise on GlobalGlass Acquisition of Srpska Fabrika Stakla

Karanovic & Partners and Manic-Gojic Advise on GlobalGlass Acquisition of Srpska Fabrika Stakla

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Karanovic & Partners has advised Switzerland's GlobalGlass on its acquisition of Srpska Fabrika Stakla. The Manic Gojic Law Office advised SFS's insolvency administrator on the sale.

"Srpska Fabrika Stakla was put on sale in September 2022," Karanovic & Partners informed. "As quoted in a Serbian government press release, the Swiss company plans to invest over USD 300 million in the next six years."

"The company was sold as a legal entity within the bankruptcy procedure," Manic-Gojic reported.

GlobalGlass is a Swiss company that owns glass products trader Steklarna Hrastnik. Paracin-based Srpska Fabrika Stakla is a Serbian glass maker.

The Karanovic & Partners team included Partner Ivan Nonkovic, Senior Associate Sava Draca, and Associate Filip Susulic.

The Manic-Gojic team included Partner Veselin Gojic.

Karanovic & Partners at a Glance

Karanovic & Partners is a regional legal practice in Southeast Europe with a tradition spanning over 25 years and cooperating offices in Serbia, Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, North Macedonia, and Albania. With more than 150 attorneys at law working together across the region, we take pride in our work, dedication, and understanding of our clients' industries and needs.

We work with some of the most respected and reputable businesses in the world, banks, as well as governments, state-owned entities, start-ups, and NGOs. We see our clients as long-term partners. We focus on straightforward solutions and tailor-made advice. Lawyers cooperating with us are fully immersed in our clients’ culture and industry to ensure that the work is delivered intelligently and reliably.

In our company culture, excellence is a must. We are reliable, adaptive, and fast. We operate under the “one team” principle, combining our regional reach and local know-how to deliver coordinated legal advice necessary for achieving our clients’ goals.

We are ambitious to propose innovative legal solutions and we are at the forefront of legal developments in Southeast Europe, pioneering new areas of the law and paving the way for new practices and regulations.

Firm's website.