Arious Limited from the British Virgin Islands takes over Subotica-based Kelebija

Arious Limited from the British Virgin Islands has acquired the remaining 16.81 percent stake in the agricultural company Kelebija, thus becoming its sole owner.

According to documents published at the website of the Belgrade Stock Exchange, a general meeting that is scheduled for November 26th will see the change of the legal form of this joint-stock company to a limited liability company.

The takeover bid for the total of 23,679 shares in Kelebija was open until August 22nd, and the bidder promised to pay RSD 700 per share.

According to the text published on the website of the Central Securities Register, Arious Limited will strive to improve operations in the future since it intends to invest in fruther development.

The majority stake in Kelebija was sold to Arious Limited by the Mlekara Subotica dairy this July.

Kombinat Kelebija Subotica

Mlekara a.d. Subotica

Arious limited