Croatia: Schoenherr advises Zavarovalnica Triglav on acquisition of 49 % stake in Arsano Medical Group

The transaction, which is subject to certain conditions precedent (including competition clearances), establishes a joint ownership structure comprising Triglav and the investment vehicle of the Adriatic Structured Equity Fund (ASEF SCSp), managed by Provectus Capital Partners. This ensures continuity of Arsano Medical Group's successful management while providing flexibility for future decisions regarding its ownership.

Triglav, an insurance company with a strong presence in Croatia, is pursuing this strategic partnership to further develop its business by bringing together insurance services and their providers, thereby enhancing the user experience.

Arsano Medical Group is one of the leading private healthcare providers in Croatia, comprising seven polyclinics and specialist hospitals, employing more than 400 professionals and caring for more than 80,000 patients annually.

Schoenherr's team was led by Luka Lopičić (Partner) and Lucija Krznar (Attorney at Law) and included Dina Vlahov Buhin (Counsel), Lovro Saraf (Associate), Sven Sušanj (Associate) and Matea Vučić (Associate). Zoran Šoljaga (Partner) and Ana Mihaljević (Attorney at Law) advised on merger control matters.