Kovacevic Prpic Simeunovic has advised Mlin i Pekare on its reverse takeover of Cakovecki Mlinovi. Vukina & Partners advised OTP Bank, which financed the transaction. Tus and Grzic advised PBZ Croatia Osiguranje on the sale of its stake. Mamic, Grgic, Vinter advised the management board of Cakovecki Mlinovi. Pesut, Matic, Galekovic, and Zgombic reportedly advised the sellers of the initial stake in Cakovecki Mlinovi. Gugic, Kovacic & Krivic reportedly advised AZ, a pension management company that sold its stake in Cakovecki Mlinovi.

Aksan has advised APY Ventures on its investment in Minted Connect.

Cytowski & Partners has advised Hungary-based Axoflow on its USD 7 million seed series with the participation of the EBRD, Credo Ventures, and E2.VC. Dentons reportedly advised the EBRD.

Kondracki Celej, working with SZA Schilling, Zutt, Anschutz, Ingen-Housz, and Sparring Legal, has advised Impact Ventures and Verge HealthTech Fund on participating in the EUR 4.4 million pre-series A round for Prosoma. JSP Skrzypek and Partners, and reportedly Van Campen Liem, advised Prosoma.

Former Indotek Group Senior M&A Legal Counsel Laszlo Palocz has returned to Kinstellar, joining the firm’s Budapest office as Counsel.

As Ukraine continues to resist the Russian Federation’s invasion, its M&A market in 2024 demonstrates both resilience and adaptability. While the early months of the full-scale war in 2022 likely represented an all-time low for dealmaking, today’s landscape appears far more dynamic. Although reaching and surpassing pre-war levels of activity will take time, the market is showing clear signs of recovery.