ODI Law has advised Tus Holding and AH Invest 1 on the sale of Engrotus to Fortenova. Rojs, Peljhan, Prelesnik & Partners reportedly advised Fortenova subsidiary Mercator.
The transaction remains contingent on regulatory approval.
The Fortenova Group is a food producer and retailer based in Zagreb.
According to Fortenova, the merger between Mercator and Engrotus will strengthen the market position of both retailers and provide new development opportunities for Slovenian suppliers and employees.
"It is our great pleasure to close the year with yet another great acquisition in retail,” Fortenova Group CEO Fabris Perusko commented. “Following Franca markets in Montenegro, the acquisition of Tus stores is the second major expansion of our retail network within a short time, whereby we have definitively affirmed the status of the region’s strongest domestic retail chain, proving what we had announced when we integrated Mercator into Fortenova Group’s network in 2021.”
The ODI Law team included Managing Partner Uros Ilic, Partner Primoz Mikolic, Senior Associate Masa Drkusic, and Associates Milan Stankovic and Eva Hafnar.