The Croatian retail chain Pevex is on the verge of a significant acquisition on the Croatian market, which has been intensively working since last year.
As the portal Danica unofficially finds out, it is a Split company Brodomerkur that has nine sales centers.
Brodomerkur is owned by Mepas from Široki Brijeg, a company that owns Kandit, Saponia and Koestlin in Croatia, and in the meantime, Maraska was sold to the Stanic Group.
After Mirko Grbešić, the owner of Mepas, died in August last year, and his sons continued their business, a decision was made to sell Brodomerkur.
A source close to Pevex told Danica.hr that a deal on a business transaction was nearing completion, which would further strengthen Pevex's leadership position in the "everything for home and construction" segment.
Brodomerkur sells and distributes industrial products, technical goods and consumer goods. Last year, it generated 32 million euros in revenue and about 600,000 euros in net profit and has 150 employees. Pevex is 12 times higher: it has revenues of 386 million euros, a profit of 35 million euros and employs 2100 people.
Pevex was also up for sale recently, but they dropped out after only one non-binding offer arrived at their invitation. Even earlier, The Ceo of Pevex, Krešimir Bubalo, announced that they were close to taking over a company from the industry in Croatia.