DTB assists PPD in selling 50% stake in TMF, majority shareholder of Petrokemija Plc.

DTB has assisted Prvo plinarsko društvo, the leading subsidiary of the largest Croatian private company ENNA, in the disposal of its participation in joint venture company Terra Mineral Fertilizer (TMF). TMF is the largest shareholder of the only Croatian fertilizer company – Petrokemija Plc. The majority stake in Petrokemija has been sold to Turkish conglomerate Yildrim Group, and the completion of the transaction is subject to customary approvals of regulators in several jurisdictions. DTB has assisted Prvo plinarsko društvo with M&A, competition and employment matters.

DTB team engaged in this matter includes senior partner Damir Topic, senior partner Mario Krka (Competition), attorneys Dina Salapic (M&A) and Andrej Zmikic (Employment), Ana-Marija Sunko Peric (Competition) and associates Lorena Mičik and Andrija Duvnjak.