EBRD acquires 16.72% of Forma Ideale for EUR 10 million

The Commission for Protection of Competition of Serbia has announced that it has approved the acquisition of a 16.72% stake in the Kragujevac-based company Forma Ideale by the European Bank for Reconstruction and Development (EBRD).

The EBRD will pay EUR 10 million for the acquisition of this minority share.

After the transaction takes place, in addition to the EBRD, the Kragujevac company will be owned by Vladimir Lazarevic (36.68%), Nikola Lazarevic (35.2%), Milanka Djolic (1.67%) and the company itself, which owns a 9.72% stake.

Forma Ideale produces furniture in Kragujevac and Majdanpek and has stores in 26 cities and towns in Serbia.

In 2009, the EBRD invested EUR 7 million in Forma Ideale. This international finance institution has a minority stake in several private companies in Serbia.

Forma Ideale d.o.o. Kragujevac

EBRD Evropska banka za obnovu i razvoj Beograd

Komisija za zaštitu konkurencije Srbije

Forma Ideale Kragujevac

European Bank for Reconstruction and Development

EBRD

Commission for Protection of Competition

Forma Ideale furniture manufacturer

Forma Ideale furniture

Vladimir Lazarevic

Nikola Lazarevic

Milanka Djolic