The private shareholders of Remaris have sold a 76% stake in the company to Payten d.o.o.
Remaris is the leading Croatian developer of automation software based on in-house IP, designed primarily for the food and beverage sector of hospitality services.
Payten, a member of the Asseco South Eastern Europe Group (ASEE), provides end-to-end payment industry solutions for financial and non-financial institutions, offering the highest level of expertise, maintenance and support throughout the entire portfolio, which includes card and card-less transactions.
Oaklins’ team in Croatia acted as the exclusive advisor to the seller in this transaction.
“Oaklins’ team in Croatia has been a highly valued and trusted advisor to our company, serving instrumental roles in finding a partner for the next development phase and advising in the transaction. I truly value the timely, sound and objective advice and the day-to-day involvement provided by the team throughout every step of the process. They did a great job articulating our unique value proposition, designing and executing on a sale strategy that resulted in a competitive process and closing a transaction that maximized value for our shareholders. I look forward to staying in touch with Oaklins’ team and hope to leverage their expertise on future unrelated business endeavors.”
Fairness opinion provided to the independent Board members of Orange Belgium
TMT
Fairness opinion provided to the independent Board members of Orange Belgium
The independent Board members of Orange Belgium have received a fairness opinion in the context of a contribution in-kind of VOO shares in Orange Belgium.
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