Mediolanum Invest Acquires Koncern Farmakom-Lece Mine for EUR 35 Million

Deal News | Mar 20, 2025 | CEE Legal Matters

Mediolanum Invest Acquires Koncern Farmakom-Lece Mine for EUR 35 Million

Mediolanum Invest JSC, with legal advisory by Vulic Law, has successfully acquired the Koncern Farmakom-Lece Mine in Serbia for around EUR 35 million. This strategic acquisition follows a public bidding process initiated by the bankruptcy administrator representing the state, as the mine was in bankruptcy. As one of the largest mines in Southeast Europe, the acquisition presents significant value and opportunity for Mediolanum Invest. The legal advisory team from Vulic Law, comprising Partner Milos Vulic and Associate Bosko Dimitrijevic, played a pivotal role in facilitating this transaction.

Sectors

  • Mining & Natural Resources
  • Legal Services
  • Investment Management

Geography

  • Serbia – The location of the Koncern Farmakom-Lece Mine and the involved legal and acquisition activities.
  • Southeast Europe – Relevant due to the mine being one of the largest in this regional area.

Industry

  • Mining & Natural Resources – The article is centered around the acquisition of a mine, making this sector highly relevant.
  • Legal Services – Vulic Law provided legal advice for the acquisition, highlighting this sector's involvement.
  • Investment Management – Mediolanum Invest, a company involved in investment activities, is the acquirer, indicating the industry focus.

Financials

  • EUR 35 million – The acquisition price for the Koncern Farmakom-Lece Mine.

Participants

NameRoleTypeDescription
Mediolanum Invest JSCBidding CompanyCompanyThe company that acquired the Koncern Farmakom-Lece Mine.
Koncern Farmakom-Lece MineTarget companyCompanyA major mining asset in Serbia acquired by Mediolanum Invest.
Vulic LawLegal AdvisorCompanyProvided legal advisory services for the acquisition to Mediolanum Invest.
Bankruptcy AdministratorSelling CompanyGovernmentActed on behalf of the state to manage the mine's sale through a public bidding process.
StateVendorGovernmentOwned the asset being sold due to the bankruptcy scenario.
Milos VulicLegal AdvisorPersonPartner at Vulic Law who was part of the team advising Mediolanum Invest.
Bosko DimitrijevicLegal AdvisorPersonAssociate at Vulic Law who was part of the team advising Mediolanum Invest.