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Studenac acquired the Croatian retail chain Špar Trgovina which operates 40 stores in Bjelovarsko-Bilogorska, Koprivničko-Križevačka and Zagrebačka counties. Moreover, this acquisition will strengthen Studenac’s presence in continental Croatia.
Since the takeover in 2018 by Enterprise Investors PE, Omiš-based Studenac has been expanding its network in Croatia through M&A, bringing the total now to 1200 stores in more than 500 locations.
This acquisition confirms Studenac’s position as the leading retail chain by the number of stores in Croatia.
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