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Tag: M&A

Adria Dental Group Investment

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BDV (led by Ivan Dvojković and Marko Karlo Bohaček) advised Provectus Capital Partners, a leading regional private equity fund and majority stakeholder in Adria Dental Group, on yet another investment in the dental industry.

Adria Dental Group, the leading and fastest-growing dental network in Central and Southeast Europe, has continued its strategic investments in the dental market’s growth and development with the acquisition of Implant Centre Martinko, a renowned clinic with its headquarters in Zagreb, along with clinics in Trieste and Milan.

This is Adria Dental Group’s twelfth acquisition in the past three years, adding Italy to its existing operations in Croatia and Slovenia.

Congratulations to Adria Dental Group on maintaining its leadership position as the largest dental group in Croatia and the wider region. We were pleased to assist in the acquisition process and thank our client for its continued trust.

More information can be found at the following link: https://bit.ly/4gQmJdi

Summa Equity acquires Nutris

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BDV M&A team (Laurenz W. Vuchetich, Partner and Anamarija Javor, Attorney at Law) advised Nutris, a leading producer in the plant-based food industry in partnering with Summa Equity, one of the largest European investment funds.

Through this investment, Nutris will continue its development, focusing on scaling up its operations and enhancing the impact it has on the food system. Congratulations to Nutris for its continued growth and pushing the boundaries of innovation in plant-based nutrition.

More information can be found at the following link: https://lnkd.in/dVr4Y2Ab

Fourth edition of LIR Croatia

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text css=”.vc_custom_1724307462117{margin-bottom: 0px !important;}”]BDV’s M&A team (Laurenz W. Vuchetich, partner and Luka Orešković, Associate) and Tax team (Vladimir Batarelo, partner) have made notable contributions once again to the new edition of The Legal Industry Reviews Croatia. Laurenz and Luka brought attention to the subject of “CPPA as Instruments for Financing transactions – Adoption to Croatian Law” whilst Vladimir shared his views “Towards More Effective Protection of Taxpayers’ Fundamental Rights”. Read both articles at the following link: https://lnkd.in/eN9eKNn7[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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BDV advised Kommunalkredit Austria AG on the EUR 25 million secured facility for Star Energy Group plc

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text] BDV team (led by Laurenz Vuchetich, partner and Anamarija Javor, attorney at law) is proud to have advised on local law Kommunalkredit Austria AG, the leading energy and infrastructure bank, as lender in closing a EUR 25,000,000 secured facility for oil & gas UK company Star Energy Group plc, as borrower in respect of its transition strategy into geothermal energy and enabling continued investment in the Group’s oil and gas business. According to Star Energy Group plc, Chris Hopkinson, Chief Executive Officer, stated: “Securing this facility is an important milestone for Star Energy. It allows us to use cashflows from our existing oil and gas business to optimise near-term conventional production (with quick pay-backs) and deliver our transition strategy; namely developing and monetising our geothermal business in both the UK and Croatia.” The closing and activity on this deal demonstrate BDV’s ongoing presence in premier energy-related transactions in the region. More information can be found at the following link: https://lnkd.in/ePEDuwkg [/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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BDV LLP ranks in Chambers and Partners Global & Europe Guide 2024

[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text] BDV’s excellence in Corporate/Commercial has once again been acknowledged in the Chambers and Partners Global & Europe Guide 2024. BDV is highlighted as “a highly competent and versatile team” … “with collective skills and expertise as a significant asset in tackling a wide range of challenges and delivering successful outcomes.” Chambers recognizes our partners individually: Ivan Dvojković as “very knowledgeable and approachable lawyer” who “can quickly identify relevant facts, assess complex legal issues and develop logical and well-reasoned arguments.” Laurenz Vuchetich as “an exceptional lawyer with a deep and comprehensive understanding of the law, providing insightful advice and crafts effective legal strategies.” We take pride in our committed team and their merited achievements. According to Chambers and Partners, the directory has published guides to the legal profession since 1990. With a team of 200+ full-time researchers at London’s head office they identify and rank the world’s leading lawyers and law firms based on in-depth, objective research. Learn more about the rankings:  [/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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Third edition of LIR Croatia

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text] BDV’s M&A team (Laurenz Vuchetich, partner) and Tax team (Vladimir Batarelo, partner and Stephani Jelčić, Attorney at Law) have contributed to the third edition of The Legal Industry Reviews Croatia. Laurenz brought attention to the subject of “Amendments regarding transactions with affiliated persons and the supervisory board” while Vladimir and Stephani contributed their perspectives on “Tax treatment of employee share incentives in limited liability companies (d.o.o.)”. The Legal Industry Reviews is a digital platform focused on the legal industry, present in over thirty countries all over the world. Read both articles at the following link: Stay tuned for the forthcoming edition of LIR Croatia! [/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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LIR Collections 2023: Business Law

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text] “Collections 2023: Business Law” of The Legal Industry Reviews is out, featuring articles on what the legal community expects in 2024. BDV partner, Laurenz Vuchetich outlined his projections and what lies ahead for 2024 covering the Corporate/M&A area. The Legal Industry Reviews is a digital platform focused on the legal industry, present in over thirty countries all over the world. Read the entire volume at the following link: https://lnkd.in/e9Uv7Ytp [/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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Adria Dental Group Investment

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BDV (led by Ivan Dvojković and Marko Karlo Bohaček) advised Provectus Capital Partners, a leading regional private equity fund and majority stakeholder in Adria Dental Group, on its investments in the dental industry. Adria Dental Group continues to invest in the domestic dental market’s growth and development by acquiring the largest dental and medical business entity in the Slavonian region – Dragaš Dental Design. With this investment, Adria Dental Group has taken one step closer to fully covering the entire Croatian market and providing high-quality dental services throughout the country. Congratulations to Adria Dental Group for its continued growth as the largest dental group in Croatia and the wider region. We were pleased to assist in the acquisition process and thank our client for its enduring trust. More information can be found at the following link: [/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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Telegram Media Group Investment

BDV team led by Laurenz Vuchetich, partner and Anamarija Javor, senior associate advised Telegram Media Group, one of the leading digital publishers in Croatia on its recapitalization by Media Development Investment Fund (“MDIF”), specialized in investing in debt and equity financing supported by technical assistance to media companies. The deal also included negotiating shareholders arrangements in Telegram Media Group. Congratulations to Telegram Media Group and MDIF on their cooperation, which will certainly safeguard the company’s independence and maximize its long-term prospects. More information can be found at the following link:

For more information please contact

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The Legal 500 EMEA 2023 rankings

[vc_row][vc_column][vc_column_text]BDV proudly shares its recognition in The Legal 500 (Legalease) EMEA 2023 rankings as TIER 1 firm. The Legal 500 analyses the capabilities of law firms across the world, with a comprehensive research programme revised and updated every year to bring the most up-to-date vision of the global legal market. BDV has been recognized across 5 categories: (i) Commercial, Corporate and M&A, (ii) Banking, Finance and Capital Markets, (iii) Dispute Resolution, (iv) EU and Competition, and (v) Real Estate and Construction. Legalease highlights the BDV team as “responsive, efficient, and knowledgeable” … “composed of highly competent and resourceful young professionals, with a wealth of experience in handling complex and challenging matters”. BDV tax department received special praise for its “tax structuring expertise” (Commercial, Corporate and M&A) and “tax controversy” mandates (Dispute Resolution). Legal 500 also recognized all BDV partners individually: Laurenz W. Vuchetich as “contact for M&A work”…“eloquent, thorough, reasonable and very pleasant to work with”, Ivan Dvojkovic as “very calm and objective, even in the most stressful situations” and “contact on both the buy and sell-side of M&A transactions”, and Vladimir A. Batarelo as “talented, excellent and trustworthy lawyer” who “provides additional value to clients by dint of his tax structuring expertise”. Marko Bohaček is praised as a Rising Star and is recognized for his exceptional work in Banking, Finance and Capital Markets. Tomislav Sadrić is recognized alongside Laurenz Vuchetich for his pivotal experience in Real Estate and Construction and highlighted for “abundant knowledge and experience in real estate-related matters”. Additionally, Tomislav is recognized in the EU and Competition, alongside Ivan Dvojković. BDV has also proven its expertise by being recognized in Dispute Resolution, regarded as an “experienced and knowledgeable team”. We thank our clients for entrusting us with their complex mandates. Detailed information about the rankings can be found at the following link: [/vc_column_text][/vc_column][/vc_row]

BDV ranks in Chambers Global 2023

[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]BDV continues to win its recognition in Chambers & Partners Global Guide 2023 for Corporate/Commercial. In this year’s guide, BDV is regarded as “a strong commercial team acting on a variety of corporate transactions, including acting for multinational clients on inbound investments into Croatia.” It also emphasizes that our “clients stem from the technology and private equity sectors.” Chambers praises our partners for their individual recognition: Ivan Dvojkovic is highlighted as “an experienced and knowledgeable legal expert and a very constructive negotiator”, while describing Laurenz Vuchetich as “a great lawyer who is always supportive”. We are proud of our dedicated team and their well-deserved success. According to Chambers, Chambers Global Guide ranks the leading lawyers and law firms across 200 jurisdictions across the world, providing indispensable insights, and market intelligence for law firm clients as well as legal professionals. Rankings are based on in-depth analysis and research, conducted by a dedicated, experienced team of researchers. More info on the rankings can be found at the following link: [/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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South Central Ventures investment

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]BDV team (led by Antonia Ćurković) acted as legal counsel to South Central Ventures in its investment into Recommend within the Seed investment round. Recommend provides digitalized word-of-mouth marketing services through its digital platform aimed at improving digital marketing performance for both the customer and the merchant.[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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ADSCANNER Series A investment round

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]BDV (Antonia Ćurković and the team) advised AdScanner d.o.o. in its Series A investment round led by Enter Tomorrow Europe Magántőkealap (LEAD VENTURES) as the new investor and Enterprise Innovation Fund Coöperatief U.A. (South Central Ventures) and J&T Ventures CG SICAV a.s. (J&T Ventures) as existing investors and partners of the company. AdScanner closed the investment round at a total of nearly EUR 5m following the past 18 months of extensive growth and expansion. AdScanner is a company providing solutions for data-driven TV advertising based on its own, in-house developed AI and big data algorithms.[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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Adria Dental Group Investment

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]BDV, led by Ivan Dvojković and Marko Bohaček, advised Provectus Capital Partners, a leading regional private equity fund and majority stakeholder in Adria Dental Group, on its investments in the dental industry. Adria Dental Group has continued its impressive growth by investing in Poliklinika Fiziodent and making a significant step forward in the field of orthodontics. Congratulations to Adria Dental Group for its investment and success. We were pleased to provide legal support through the acquisition process, and we thank our client for its continued trust.

For more information please contact

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Wind Farm Project

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]BDV (led by Vladimir Batarelo, Marko Bohaček and Antonia Ćurković) advised the sponsor company Vjetroelektrana Bruvno d.o.o. on the shareholding, structuring and financing of a wind farm project located in the Zadar County with capacity to be installed exceeding 40 MW. The project is already in the “ready to build” phase, whereby this financing and strengthening of the shareholders’ structure will contribute to a fast commercial operation commencement of the project.[/vc_column_text][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row]

ADRIA DENTAL GROUP INVESTMENT

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]BDV (led by Ivan Dvojković and Marko Bohaček) advised Provectus Capital Partners, a leading regional private equity fund and majority stakeholder in Adria Dental Group, on its investments in the dental industry. Special congratulations to Adria Dental Group for continuing its growth as the largest dental group in Croatia and the wider region after investing in dental clinic “Dentum Dental Clinic” – one of the leading clinics in Zagreb. The group now owns five clinics and five laboratories and has prospective plans to expand to the domestic and regional market. It was our pleasure to provide legal support and we thank our client for its continuing trust during the acquisition process. [/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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ADRIA DENTAL GROUP INVESTMENT

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]BDV acted as a legal advisor of Provectus Capital Partners (PCP), a leading regional private equity fund in the investment in Dental clinic Rident and Ridental dental laboratory. The investment was carried out through the holding company ASEF ADRIA d.o.o. – Adria Dental Group, established by PCP. With this investment, Adria Dental Group became the largest dental group in the region. Provectus Capital Partners is an investment company focused on the markets of Southeast Europe, which has also invested in dental polyclinics Arena and Salona Dental, and dental laboratory “Vladimir Tešija” from Solin. BDV has legally supported PCP in all the mentioned investments, as well as in day-to-day business.[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

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Equity Investment in 57hours

[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]BDV (Vladimir A. Batarelo, partner) advised international (US and Croatian based) tech company – 57hours and its founders in relation to seed funding. The founders of the company are premier serial entrepreneurs whose platform is targeted for booking outdoor sports and adventure activities in numerous American and international locations, accompanied by professional guides. This startup project has received financial and advisory support from a group of respectable regional investors. 57hours has secured its investment of 2 million $ from the Feelsgood funds and a Danish investor, Nordic Eye Venture Capital, as well as from a number of Croatian and Slovenian investors.   More information can be found at the following link: [/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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Legal 500 EMEA 2022 rankings

BDV is pleased to announce its recognition in the Legal 500 EMEA 2022 rankings for the Banking, finance and capital markets and the Commercial, corporate and M&A. The firm has been highlighted as “the most visible and offer serious competition to the more established traditional law firms”. Our partner, Vladimir A. Batarelo is celebrating his individual recognition as a Next Generation Partner in Banking, finance and capital markets. Special congrats to our attorney at law, Marko Bohaček for becoming a Rising Star! Legalease says that Vladimir’s ‘extensive practical experience and in-depth specialist knowledge’ extends to assistance in tax-related matters, which ‘gives him an edge over competitors’, while describing Marko as a ‘technically strong and very responsive’ lawyer with a particular niche in advising on fintech matters. Additionally, Ivan Dvojković and Laurenz W. Vuchetich are as well celebrating their individual recognition as Next Generation Partner in Commercial, corporate and M&A. Legalease describes Laurenz as ‘a firmly established corporate law star on the market’, who has been pivotal to the firm’s success in the IT sector and co-heads the team alongside the ‘thorough and persistent’ Ivan Dvojković. We are thankful to our clients and proud of the entire BDV team for their devoted work. More information can be found on the following link:

Batarelo Dvojković Vuchetich LLP ranks in Chambers Global Guide 2022

Chambers Global 2022 rankings are out and we are delighted to share that BDV once again celebrates it’s recognition in Corporate/Commercial. This year’s Chambers Global Guide highlights BDV as a “strong commercial team acting on a variety of corporate transactions, advising across a range of issues including restructurings, sales and hostile takeovers”. In addition, two of BDV’s partners received individual recognition: Chambers says Ivan Dvojković is “advising both domestic and international clients on corporate transactions and regulatory matters”, while describing Laurenz Vuchetich as “extremely reliable, knowledgeable and business-savvy”. We are proud of entire BDV team and truly grateful to our clients who entrust us their elite work mandates. According to the Chambers and Partners, their Global Guide ranks the top lawyers and law firms in over 200 jurisdictions across the world. Rankings are based on the in-depth research of dedicated and experienced team of researchers. Due to the research, Chambers provides reliable recommendations, to ensure law firm clients are able to make an informed decision when purchasing legal services for all legal matters. More info on the rankings can be found at the link:

SHARE TRANSFER AGREEMENT

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]Our member of BDV Corporate Department Ivan B. Pavičić recently published a paper in the leading Croatian law journal „Pravo i porezi “. The paper discusses the concept and legal nature of the share transfer agreement (STA) under relevant Croatian law and court practice. In that regard, the paper sets out the essential assumptions for an STA’s validity and offers practical suggestions regarding certain standard STA provisions. The paper also provides an analysis of Croatian courts’ case law on STA issues. For more information: https://www.rrif.hr/clanak-20855/[/vc_column_text][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row]

BDV at the Business Forum of CEEC & China

[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]Our Partner Laurenz Vuchetich together with clients is participating at 9th Business Forum of CEEC & China taking place in Dubrovnik. Croatia is the host country of the 8th Summit of Heads of Government of CEEC and China and the 9th Business Forum of CEEC & China. Apart from the multilateral political meetings that are organized by the Croatian Government, during the Croatia Summit, a business forum and individual meetings for entrepreneurs from China and all 16 Central and Eastern European countries (CEEC), is organized by the Croatian Chamber of Economy and the Croatian Ministry of Economy, Entrepreneurship and Crafts. This is the 9th Business Forum of CEEC & China, as the first business forum was held one year earlier (2011 Hungary) than the Summit meetings began.

About 16+1 Cooperation

The 16+1 Cooperation was established in 2012 to promote business and investment relations between China and 16 countries of Central and Eastern Europe (Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Montenegro, North Macedonia, Poland, Romania, Serbia, Slovakia and Slovenia). The cooperation facilitates opportunities for both China and European countries and their entrepreneurs in various fields of industries, trade and investment, infrastructure, transportation and logistics, energy, culture, education, tourism and many more. The summits are held yearly and so far, they were organized in Warsaw (2012), Bucharest (2013), Belgrade (2014), Suzhou (2015), Riga (2016), Budapest (2017) and Sofia (2018). Each summit results in Guidelines that set specific goals for the upcoming year.[/vc_column_text][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row]

Batarelo Dvojković Vuchetich LLP has been recommended by Legal 500

[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]We are proud to announce that Batarelo Dvojković Vuchetich LLP has been recommended in Banking, finance and capital markets and in Commercial, corporate and M&A services in the 2019 Legal 500 edition. Legal 500 is a reputable UK- based directory providing worldwide coverage on recommended law firms. Our firm has been cited as “a new breed of law firm in the country”, “dynamic and energetic” and praised for “exceptional advice”. Also, our Partners has been recognized and praised, Vladimir Batarelo has been praised for providing “prudent advice without over-complicating matters ”, Partner Ivan Dvojković has been praised for “particular expertise in hostile takeovers” and Partner Laurenz Vuchetich has been praised by a quoted referee as “intelligent and client-focused”.[/vc_column_text][/vc_column][vc_column width=”1/4″][/vc_column][/vc_row]

Conference on “M&A – facilitating business growth and development”

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[vc_row equal_columns=”true”][vc_column width=”3/4″][vc_column_text]Our partners Vladimir Batarelo and Laurenz Vuchetich participated alongside with their clients, financial advisors and fellow corporate lawyers at the first M&A-related Conference organized by Caper, member of Oaklins and Lider Media, by the name “M&A – facilitating business growth and development”. The conference achieved the goal of bringing together M&A professionals from CEE. Dry gunpowder seems to exist – based on a research conducted by the Caper M&A advisory team,  Croatia-based companies aim at more than 60 acquisitions, with deal volume higher than 1.6 billion Euros. The research covered 130 leading Croatian companies, with annual revenues of 9.8 billion Euros and employing approx. 53,000 workers. Half of the industries include technology, TMT, food & beverages, construction and engineering. The most important outbound investment markets will be Austria, Poland and Germany. We thank Caper and Lider Media for an immaculate organization and look forward to a new next year’s conference.[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_column_text]

For more information please contact

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