The Serbian investment conglomerate MK Group continued to broaden its footprint across multiple sectors in 2026 with the acquisition of one of the largest edible oil producers in the region. The addition of the oil mill, formerly operated under the Dijamant brand, marks a strategic expansion of MK Group’s presence in the food and agribusiness sector and solidifies its position as a diversified industrial and financial powerhouse.
The oil producer’s integration into MK Group’s portfolio comes after the company agreed to take full ownership of the plant from a major regional agrifood business, closing a gap in its vertical integration strategy and strengthening its capabilities in edible oil production. In 2024, the facility recorded revenues of approximately €165.7 million, while in the more recent reporting period its turnover reached around €175 million, with refined and crude oils accounting for roughly 39 percent of total sales. Other product segments, such as margarine, mayonnaise, and oilseed meal, contributed meaningful shares to the revenue mix, underscoring the business’s diversified output and market reach across the Western Balkans.
MK Group’s business footprint already spans several major sectors beyond edible oils. In agribusiness, the group controls significant agricultural assets, including extensive acreage under cultivation and key production facilities for sugar, meat, cereals, fruit and frozen produce, reflecting decades of strategic growth in primary food industries. Its sugar subsidiary has long been one of the leading producers in Serbia and the region, contributing substantially to consolidated revenues and export volumes.
The conglomerate’s financial arm has grown rapidly, with AIK Banka at the core of its banking division after a series of acquisitions and integrations of regional lenders. Alongside traditional banking services, MK Group’s financial ecosystem includes leasing and brokerage operations, positioning the holding as a significant player in the Adria financial market.
Real estate and tourism are also integral components of MK Group’s diversified strategy. The company owns and operates a portfolio of premium hotels and resorts across Serbia and the wider region, with flagship properties located on the Kopaonik mountain and in coastal destinations. Partnerships with international luxury hotel brands and ongoing investments aimed at enhancing service standards and guest experience reflect MK Group’s ambition to compete at the high end of the hospitality market.
The acquisition of the large oil mill complements this broad industrial footprint and aligns with the group’s long-term vision of building vertically integrated food and consumer goods value chains while maintaining strong positions in banking, tourism and real estate. Ownership structures within the group are anchored through investment entities based in Europe, with leadership drawn from one of the region’s most prominent entrepreneurial families.
