14 January 2016 – The CMS International Private Equity team, together with CMS teams in Slovenia, Serbia and other jurisdictions, advised Polish private equity fund Innova Capital on the acquisition of the Slovenian Trimo Group, a leading European provider of complete solutions for building envelopes and steel facade systems. The sellers are nine banks, including Slovenia's largest bank Nova Ljubljanska Banka (NLB). The transaction is subject to merger control approvals and is scheduled to close in Q1 2016, once conditions precedent have been fulfilled.
Thanks to its investment in the Trimo Group, Innova Capital is gaining access to the highly attractive European market for complete solutions in steel buildings, roofs, facades, modular units and sound-proof systems. The Trimo Group operates in over 50 countries, including Slovenia, Serbia, the UK, Macedonia, Russia and Poland. Its products have been installed among others at Heathrow Airport, a McLaren Production Centre in the UK and numerous Porsche dealerships.
The CMS team advising Innova Capital was led by Graham Conlon, based in Warsaw, and London-based Valentina Santambrogio, with assistance from Aleš Lunder, the head of the CMS office in Ljubljana.
The transaction involved lawyers across seven jurisdictions, including Brigita Kraljic, Uros Bogsa, Amela Zrt, Vesna Tisler, Maja Pukl, Matevz Klobucar, Tajda Vrhovec and Ursa Jozelj (in Slovenia); Robert Lammiman, Anna Spichenko, Agnes Solyom, Kyle Abrey, Louise Cakar, Miklos Boros, Katia Ramo and Charlotte Higgins (in the UK/international team); Marija Tesic, Maja Stepanovic, Rasko Radovanovic, Popovic Djordje, Marija Marosan, Nenad Kovacevic and Sonja Gitaric (in Serbia); John O’Connor, Hiba Mahmud, Matthew Culver, Sarah French and Ramez Krishnan (in the United Arab Emirates); Maxim Boulba, Maria Ermolaeva and Timur Sadvakasov (in Russia); Marija Filipovska (in Macedonia) and Hrvoje Bardek and Marija Zrno (in Croatia).