Fortenova Group has successfully acquired 100% of Engrotuš d.o.o., enhancing its market position in Slovenia's retail sector.
Target Company Overview: Engrotuš d.o.o.
Engrotuš d.o.o., a prominent player in the retail sector in Slovenia, was recently acquired by the Croatian company Fortenova through its subsidiary Mercator. The transaction involved the sale of 100% of Engrotuš’s stake, focusing primarily on retail operations and Cash & Carry activities, while the company's pharmacy segment is currently being separated as part of the business restructuring.
Fortenova Group aims to enhance its market presence in Slovenia with this acquisition, following its recent purchase of a retail chain in Montenegro earlier this year. This strategic move is expected to further consolidate Fortenova's position in the regional retail landscape.
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Industry Overview in Slovenia
The retail industry in Slovenia has seen significant developments over the past few years, driven by competitive market dynamics and shifting consumer preferences. Retail sales growth has been influenced by va
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Fortenova Group
invested in
Engrotuš d.o.o.
in 2023
in a Buyout deal