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January 29 (SeeNews) – Croatian development firm Osijek-Koteks has acquired constructing supplies producer Molaris from the Marjanovic household, native monetary consultancy Vestibule Companions that acted as deal advisor to the vendor, mentioned on Monday.
Molaris is a concessionaire of an amphibolite stone quarry within the jap county of Brod-Posavina, Tomislav Kovalisko, managing companion at Vestibule Companions, mentioned on its Linkedin profile, with out disclosing monetary particulars of the deal.
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The customer is without doubt one of the oldest development firms in Croatia. It’s vertically built-in with important manufacturing of asphalt, stone aggregates and sand supplies and is current at quite a lot of important development tasks throughout Croatia.
Molaris ended 2022 with a income of 1.9 million euro ($2.1 million), up from 1.1 million euro in 2021, based on knowledge by Finance Analytics – Dun & Bradstreet consultancy. In 2022, it had a web revenue of virtually 191,000 euro.
($ = 0.924 euro)
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