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Saturday, 23.11.2024
CLIENTS
BULGARIA
SERBIA
MACEDONIA
BAC Experience in Bulgaria
BAC staff enjoys excellent track record with the sell-side authorities. Leading international corporations have worked with BAC consultants on privatisations and M&A deals.

Sell-Side Authorities
Foreign Investors
  • Sale of the two leading confectioneries of Bulgaria:
    • Svoge factory to Jacobs Suchard
    • SZI factory Sofia to Nestle
  • Privatisation of Antibiotic Razgrad,a leading producer of generic pharmaceuticals, sold to an investment consortium led by Deutsche Bank
  • Sale of 13 companies for food processing and agriculture to international and local investors
  • Privatisation of a pool of 7 large hotels and sea-side holiday villages sold to international and local investors
  • Sale of Express Bank to Societe Generale (as a member of an HSBC-lead consortium)
  • Mass Privatisation Programme design and enterprise selection criteria development for the Council of Ministers
  • Interbrew (Belgium) on the privatisation of two breweries and the post-privatisation acquisition of another two breweries
  • Holcim (Switzerland) on the privatisation of a cement plant
  • Norsk Hydro (Norway) on the privatisation of a leading fertiliser production company
  • Puratos (Belgium) on the post-privatisation acquisition of a yeast factory
  • Youlla Glass (Greece) on the privatisation of a packaging glass factory
  • Tanweer Group (Greece) on the privatisation of Sofia city chain of cinemas
  • Kibar Holding (Turkey) on the privatisation of an aluminium processing plant
  • Phelps Dodge (USA) and Glencore (Switzerland) on the privatisation of a copper smelter and refinery

Client
Target
Services
Buy-side advisory services for Piraeus Bank, Greece for the privatisation of DSK Bank (2003)
Bank Consolidation Company
Sell-side services for the sale of Express Bank
to Societe Generale (2000) (as a member of an
HSBC-lead consortium)
Private Investors
Sell-side advisory services to private
shareholders of Hemus Mark for sale of minority stake to Brevelie Urban AG, Austria (1998)
Beloizvorski Cement
Buy-side advisory services for Holcim,
Switzerland for the privatisation of
Beloizvorski Cement (2001)
Tanweer Group
Sofia chain of cinemas
Buy-side advisory services for Tanweer Group, Greece for the privatisation of Sofia city chain of cinemas (2001)
Europa Capital Management
Buy-side advisory services for Europa Capital Management for the privatisation of:
  • Orbitel – internet provider (1999)
  • Pobeda biscuits factory (1999)
  • KAI ceramic tiles company (1997)
  • Damianitza winery (2000)
  • Rodina paper packaging company (2000)
  • Nikopol carton company (2000)


Buy-side advisory services for Interbrew, Belgium for the privatisation of:
  • Kamenitza Brewery (1994)
  • Burgasko Pivo Brewery (1995)
and for the post-privatisation
acquisition of another two breweries:
  • Plevensko Pivo (1999)
  • Astika Brewery (1995)
Beloizvorski Cement
Buy-side advisory services for Holcim, Switzerland for the privatisation of Beloizvorski Cement (1997 and 2001)
Buy-side advisory services for Norsk Hydro, Norway for the privatisation of Agropolychim - a leading fertiliser production company (1997)
Hlebna Maya AD, Rousse
Buy-side advisory services for Puratos, Belgium for the post-privatisation acquisition of Hlebna Maya yeast factory, Rousse (2000)
MDK Pirdop copper smelter
Buy-side advisory services for Phelps Dodge, USA and Glencore, Switzerland for the privatisation of MDK Pirdop smelter (1997)
Drujba Glass factory
Buy-side advisory services for Yioula Glass, Greece for the privatisation of Drujba packaging glass factory (1998)
Private Investors
Buy-side advisory services to a group of local private entrepreneurs for the purchase of Daewoo Motor dealership and repair service network in Bulgaria (2003)
Sell-side advisory services for the privatisation of one of the leading Bulgarian confectioneries – Svoge to Jacobs Suchard (1993)
Sell-side advisory services for the privatisation of SZI Sofia confectionery to Nestle (1994)
Sell-side advisory services for the privatisation of Antibiotic Razgrad - a leading producer of generic pharmaceuticals, sold to an investment consortium led by Deutsche Bank (1997)
International and local investors
Sell-side advisory services for the privatisation of a pool of 7 large hotels and sea-side holiday villages sold to international and local investors (1998)
International and local investors
Sell-side advisory services for the privatisation of 13 companies for food processing and agriculture to international and local investors (1996-1998)
Mass Privatisation Programme design and Enterprise selection criteria development for the Council of Ministers of Bulgaria (1996-1997)
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