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.

Slavia Capital

Regulators Approve Lukoil Acquisition of Corbenz

Posted Tue, 31/08/2010 - 23:57

After ordering the sale of fuel retailer Corbenz last year, Croatia's anti-trust agency has approved Russia's Lukoil as the purchaser. AZTN originally ordered the sale after Corbenz' largest shareholder increased its stake to 47%, making their total interest in Croatia too large in combination with similar holdings.

INA Sells Crobenz Chain to Progress Trading

Posted Wed, 21/04/2010 - 21:24

Acting on a request from its nation's government, Croatian oil company INA has agreed to sell the Crobenz petrol chain to Progress Trading of Slovakia, associated to Slavia Capital. The government request was issued by the Croatian anti-trust agency after MOL increased its INA stake to 47% last year, making the company's total market share too large when combined with another retail petrol operation it owns. The investment marks the first step in Progress Trading's planned expansion into the Balkans.

Slavia Capital Sells Czech Sport Aircraft to Piper

Posted Thu, 28/01/2010 - 20:04

American-based Piper Aircraft recently announced plans to enter the market for light sport aircraft after reaching a deal with Slavia Capital to purchase Czech Sport Aircraft. The deal allows Piper it to produce the popular SportCruiser model for distribution worldwide. Though neither party has officially commented on the deal, estimates place the purchase price near USD 30 million.

Penta's Žabka Purchases Retail Operations of Palma-Tumys

Posted Thu, 20/08/2009 - 16:09

Polish convenience store giant Žabka has reached a deal to acquire the retail operations of Czech based Palma-Tumys from Slavia Capital. The purchase includes five stores selling food and mixed goods in Prague. Žabka intends to transform and re-brand the stores to match the rest of the company's outlets by the end of the year.