Yesterday, the takeover bid for Mlinpek d.d. was completed by the company A-Best Travnik.
The offered price per share was 1.56 BAM and the total number of deposited securities is 37,325. This is an 8.5 percent stake in Mlinpek whose capital is divided into a total of 438,228 shares, reports BiznisInfo.ba.
However, what is important to emphasize is that before the offer, A-Best had slightly more than 41.7 percent of the shares, which means that it has now crossed the threshold of 50 percent ownership and has become the largest individual and at the same time the majority shareholder.
Before that, the largest individual shareholder was the company Mlinpek-žitar Jajce, which has 45.5 percent of the shares.
Mlinpek, a company for the production of mill products, last year had revenues of over 25 million BAM and a profit of 1.8 million BAM, according to the recently published financial report, which indicates that it is a very significant company.
As stated in the offer, A-Best intends to make significant investments in order to improve the company’s operations and expand the company’s existing product range through the investment.
