Slovenian retailer Mercator today announced (4 January) it has acquired its franchisee Vesna.

Vesna operates seven franchised retailers in north-eastern Slovenia. Mercator’s acquisition, which is still subject to conditions, was assessed by financial advisor KPMG. A figure for the sale was not disclosed.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Croatian rival Agrokor is attempting to buy a majority stake in Mercator but negotiations have repeatedly come to a standstill.

Last month, the Nova Ljubljanska Banka (NLB), a bank which is one of 12 parties looking to sell their combined stake, announced a halt to proceedings over the as-yet unexplained departure of CEO Bozo Jasovic.

In November, Mercator’s management refused to support talks to sell the stake to Agrokor, citing concerns over third-party involvement.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Just Food Excellence Awards - Have you nominated?

Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!

Nominate Now