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.

Croatia

Agrokor's Ivica Todoric Sells Kozmo to Nexus Alpha

Posted Thu, 14/01/2010 - 22:50

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.

Anheuser-Busch InBev and CVC Reach Deal For CE Assets

Posted Sun, 18/10/2009 - 20:25

Anheuser-Busch InBev (ABI) continues to make good on its divestiture plans by announcing it has signed an agreement to sell its Central European operations to CVC Capital Partners. CVC will purchase the assets for roughly $2.2 billion with a commitment to make a future $800 million payment if it recovers the initial investment.

Zlomrex Unloads Zeljezara Split With Sale to Carlson PE

Posted Tue, 22/09/2009 - 23:41

Polish steel producer Zlomrex has divested itself from troubled Croatian subsidiary Zeljezara Split, selling its 95.86% stake to British firm Carlson Private Equity Limited. The deal was signed by both parties earlier in the month transferring more than 220,000 shares of stock to Carlson.

Nexus PE Makes First Investment in Promotehna

Posted Thu, 06/08/2009 - 10:20

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.

EBRD To Invest in WAZ Group's Ost Holding

Posted Mon, 04/05/2009 - 00:00

Independent media in Eastern Europe is taking a step forward as the EBRD announced it is investing in the eastern European operations of the WAZ Media Group. EBRD's equity investment for a stake in the WAZ operations could be as much as €40 million. The WAZ Group's work in developing high quality, professional, and politically and economically independent media in Eastern Europe fits into the ERBD's mandate to encourage sustainable economical development in the region.

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

Posted Thu, 30/10/2008 - 01:00

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.

Centrum Holdings Makes Investment in Net.hr

Posted Mon, 07/07/2008 - 00:00

Croatia's financial group Proficio has sold a majority share in Net.hr to Czech Republic based Centrum Holdings for an undisclosed price. Centrum Holdings acquired 75% of the shares in Net.hr, while Proficio has retained 25% and will continue to help develop the online portal.

Vienna Capital Partners increases stake in NCL Media Grupa

Posted Tue, 08/04/2008 - 00:00

Vienna Capital Partners increased its stake in NCL Media Grupa to 75%. The transaction was co-financed by the South-German publisher DDr. Alex Diekmann as a private investment.

Marfin Investment Group acquires controlling interest in Croatian Sunce

Posted Fri, 07/03/2008 - 01:00

Marfin Investment Group signed an agreement with the shareholders of Croatian Sunce Koncern d.d. for the acquisition of a controlling equity interest in the company.