In Serbia, in a little more than a month, the sale of four domestic companies, which have now acquired foreign owners, were announced.
E-commerce and betting
It all started at the end of August, when Big Bang, the largest Slovenian electronics retailer, signed an agreement to purchase the 100% Serbian online store BC Group. That it is not a small company is shown by the fact that last year BC Group achieved 35 million euros in revenue. As they announce from Big Bang, in the next five years they want to increase it to more than 90 million euros.
Then a surprise. MaxBet, one of the leading omnichannel companies for betting and games of chance in Serbia, sold 51 percent of its ownership to Flutter for 141 million euros. Flutter announced that the agreement allows them to buy the remaining 49 percent of the company by 2029 under the same conditions.
Orban’s son-in-law and logistics
At the end of September, the French company for providing business and technological consulting services Capgemini bought HDL Design House from Serbia, which deals with the design and verification of silicon chips.
The price of the transaction was not disclosed, but it is possible that it is not small, because how much can it cost a company that has been around for more than 20 years and has about 300 highly skilled engineers with significant experience in delivering advanced custom chip designs for multiple industries.
The last in the series is the purchase in the logistics segment. Waberer’s Group, the Hungarian logistics giant, has acquired a majority stake of 55% in Serbia’s MD International (MDI). The value of the transaction was not disclosed here either.
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