Sava sold rubber manufacturing business to CGS

savatech Client Sava, a large Slovenian conglomerate that owns industrial manufacturers, hotels and majorities in large local banks
Deal Type Sell-side advisory
Sector Industrials
Deal Capitalmind advised Sava d.d. on the sale of its rubber manufacturing business to the Czech rubber manufacturing group CGS Holding a.s. The sale of Sava Technical Rubber represents one of the major milestones in the restructuring strategy of Sava d.d. which was developed by Capitalmind’s Debt Advisory team and agreed on by the shareholders and the banks

What we did:

  • Capitalmind managed an efficient international limited auction and attracted « better owner »
  • Good preparation, clear and transparent business & financial information as well as excellent documentation allowed the bidders to offer an attractive package surpassing the seller’s initial price and terms expectations
  • Complex transaction as parallel to the sale process supply and service agreement negotiation with site partner Goodyear took place