Investment Intelligence provides up-to-date private equity information and news designed for entrepreneurs, private equity investors and corporate acquirors interested in Central & Eastern Europe.

Nexus Private Equity Partners

Agrokor's Ivica Todoric Sells Kozmo to Nexus Alpha

Konzum, the Croatian supermarket chain and subsidiary of Ivica Todoric's Agrokor, has sold 100% of its Kozmo operations to private open-end investment firm Nexus Alpha. Though little is known about the deal, there is speculation that Todoric put the retail drugstore chain on the block due to difficulties in remaining competitive with Drogerie Markt (DM), Croatia's industry leader with a quarter of the total market share.

Nexus PE Makes First Investment in Promotehna

Nexus ALPHA, the initial fund of Croatian firm Nexus Private Equity, has announced the completion of its first investment; expansion capital provided to Promotehna d.o.o. The new capital will allow the automotive equipment and products distributor expand its business while also strengthening its market position.

OTE's Cosmote Acquires 97.6% Stake in Mobile Giant AMC

Cosmote, wholly owned by Greek incumbent OTE, has acquired an additional 12.6 percent stake in Albania Mobile Communication (AMC). The deal is worth EUR 48.2 million and raises Cosmote's stake in the company to 97.6 percent.

Croatia-based Nexus Private Equity Partners Raises 36 Million in First Fund

Nexus Private Equity Partners announced that it has raised EUR 35.8 million (HRK 254.5 million) for its first private equity fund, Nexus ALPHA.