Vukmir & Associates and Fatur Menard have advised the Deimos Group on the acquisition of Croatian companies Nutrifit and Palco and their Palco and Nutrifit joint venture in Slovenia. Brescia Miccoli e Associati reportedly advised the Deimos Group as well.
Financial details were not disclosed.
The Deimos Group is an Italian distributor of food ingredients and chemical specialties for industries that operate in the life sciences market.
According to Vukmir & Associates, the “target companies in Croatia and Slovenia operate in the same sector, i.e., the distribution of commodities and specialties for the food, feed, and life sciences sector. By this acquisition, the Deimos Group has established a foothold in Southeastern Europe, which is a first step towards the expansion of its activities outside the Apennine Peninsula.”
The Vukmir & Associates team included Partners Tomislav Pedisic and Sanja Tkalec Kovac, Senior Associates Tea Cerinski and Andrea Kozul Pedisic, Associates Lidija Gepert and Karlo Brekalo, and Trainees Petra Prkacin and Dominik Ljubic.
The Fatur Menard team included Partner Maja Menard, Senior Associates Lea Vatovec Miklavcic, Martin Carni, and Rok Reja, and Junior Associate Klara Jerman.