Fortenova Sells Agrolaguna and Vinarija Novigrad to Badel 1862
Deal News | Apr 14, 2025 | CEE Legal Matters
Lovric, Novokmet & Partners represented Fortenova in the sale of its assets, Agrolaguna and Vinarija Novigrad, to Badel 1862. Badel 1862, a Croatian firm specializing in spirits and wines, was advised by Miskovic & Miskovic. This acquisition allows Badel 1862 to consolidate its presence in the local alcoholic drinks market and strengthens its position as a leader in premium Croatian wines. The firms involved provided robust legal counsel to facilitate the transaction.
Sectors
- Alcoholic Beverages
- Legal Services
Geography
- Croatia – All key companies involved in the transaction are based in Croatia, and the deal impacts the Croatian alcoholic drinks market.
Industry
- Alcoholic Beverages – The acquisition involves companies active in the production of wines and spirits.
- Legal Services – Legal advisory firms Lovric, Novokmet & Partners, and Miskovic & Miskovic played crucial roles in the transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Fortenova | Seller | Company | Fortenova is the selling party for the assets Agrolaguna and Vinarija Novigrad. |
| Agrolaguna | Target Company | Company | A Croatian company focusing on wine production, sold in the transaction. |
| Vinarija Novigrad | Target Company | Company | A wine production company included as part of the sale to Badel 1862. |
| Badel 1862 | Buyer | Company | A leading Croatian producer of spirits and wines, acquiring the target companies. |
| Lovric, Novokmet & Partners | Legal Advisor to Seller | Company | Provided legal advisory services to Fortenova during the transaction. |
| Miskovic & Miskovic | Legal Advisor to Buyer | Company | Provided legal advisory services to Badel 1862 during the transaction. |