Advised Pek-Snack Group, a Hungary based company with a Croatian subsidiary on its sale to the private equity fund - Danube Sicar. The Group – with a turnover of 11.6 million EUR – is one of the most advanced players in the business of manufacturing frozen bakery products. It develops and sells nearly 80 commercial and private label products.

The Company was acquired by the private equity fund Danube. Pek-Snack has shown dynamic trading aswell as ongoing expansion in recent years. The investors see potential for strong growth through development plans after the transaction.