JPM & Partners Advises on Acquisition of BC Group by Big Bang

JPM & Partners acted as legal advisor to Big Bang, the largest Slovenian retailer of entertainment and consumer electronics, in the acquisition of 100% of Serbian online retailer BC Group.

The deal was approved by the relevant competition authority and the transaction had been successfully closed and completed this month.

JPM & Partners provided full legal services throughout the acquisition process, including due diligence, negotiations of the share purchase agreement and obtaining of regulatory approval. The JPM team was led by Partners Jelena Stanković Lukić and Nikola Poznanović.

With this acquisition, the Big Bang Group continues its expansion in the region. By increasing the sales range to sports, fitness equipment, tools, toys, furniture and home accessories, expanding the “pickup point” network, increasing storage capacity and providing the best possible user experience, Big Bang is planning to achieve revenues in Serbia to 55 million EUR in the next year, and by 2027 the plan would be to generate around EUR 90 million in revenue and increase market share in online sale.

Big Bang’s ambitions are to become the “first digital” retail and online market in the region.

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