Vestibule Partners was exclusive sell-side adviser to the owners of TELENERG-INŽENJERING d.o.o.

TELENERG-INŽENJERING d.o.o. is a company specialized in electrical power engineering for electrical utilities and industry and is operating in the field of design, supervision, construction, testing and commissioning of complete power plants of low, middle and high voltage, as well as comprehensive power solutions for the production, transmission and distribution of electricity
 
The buyer, Končar – Inženjering d.o.o., is a company specialized in business activities of engineering in construction and reconstruction of complex facilities and plants on a "turnkey" basis in the fields of energy, railway infrastructure, automation and control. The main business areas of the KONČAR Group are the production of equipment and plants for the generation, transmission and distribution of electrical energy, as well as equipment for use in the field of transport and industry. Annual sales are about 500 million euros, half of which is exported. Over the years KONČAR products are exported in more than 100 countries on all continents.
 
Size of the transaction: Not disclosed
Date of announcement: 29 December 2022
Status: Closed
 
Here is a link to announcement on a LinkedIn:
https://www.linkedin.com/feed/update/urn:li:activity:7018498377940123648/

Vestibule Partners LLC is a member of the Pandion Partners Advisory Group.
 

About Pandion Partners S.L.
The Pandion Partners S.L. advisory group, founded in 2000, consists of independent companies dedicated to M&A, Corporate Finance and Strategy & Business Advisory Services. The growing group offers these services globally through its offices in Austria, Belgium, Brazil, Canada, China, Colombia, Croatia, Czech Republic, Estonia, Finland, France, Germany, Hong Kong, India, Israel, Italy, Lithuania, Poland, Spain, The Netherlands and the USA. Due to the group members we are able to cover more than 20 different industry sectors. Since 2015 our current members successfully closed 220 transactions worth 3,6 billion euros.