Restructuring foreign investor ownership — execution in Serbia

Situation

An existing foreign owner is selling 40% of shares to a new investor. Head office in London, lawyers in the Netherlands, buyer in Zurich. The Serbian company must continue to operate, pay staff and meet obligations to suppliers.

Our role

• Coordination with the foreign lawyers on APR documentation.
• Preparation of shareholders'' resolutions, amendments to founding acts, filing of changes.
• Communication with banks on updating signatory rights.
• A monthly report to the buyer and seller on the progress of the transition.

Outcome

• Change of ownership registered with APR within 21 days of signing the SPA.
• Not a single day of business interruption.
• The new owner received a structured handover pack instead of a box of unorganised PDFs.