Business News


Financial Firm Announces Takeover Bid for Pivovarna Lasko

Ljubljana/Lasko, 08 July (STA) - Financial firm KS Nalozbe announced on Friday the intention to make a takeover bid for brewery Pivovarna Lasko. The Ljubljana-based firm, headed by Blaz Vodopivec, plans to publish the bid in the coming 30 days.

While the background of the move is officially not known, business daily Finance reported today that interest exists for the acquisition of the heavily indebted Pivovarna Lasko beverage group as well as for individual companies within the group.

According to Finance, the interested parties include strategic partners and financial funds. The paper also speaks of a possible involvement of lobbies in Slovenia.

The Lasko group has allegedly been eyed by investors for months, with Finance highlighting breweries Heineken and Carlsberg, which both already have breweries in Croatia, and private investment fund CVC Capital Partners.

The Slovenian lobbies are meanwhile thought to be interested in the Pivovarna Union brewery, also part of the Lasko group, primarily because of its location in the centre of the capital.

Finance moreover report that the NLB bank and Banka Celje want to sell their combined 26.8% stake in Pivovarna Lasko and that the owners of just over half of Lasko met on Thursday to conclude they will wait with the sale until after the offloading of the stakes in retailer Mercator, expected before the end of the year.

You might be also interested in:

GET IN TOUCH

We are here to help you.