American The Rohatyn Group to establish chain of pet markets in the region

In several weeks, the company Mimaja will officially get a new owner, the American fund The Rohatyn Group.

The Slovenian company, which is one of the most successful medium companies in the country, has 15 stores with products for pets under the Mr. Pet brand, which grow more successful each year, Finance reports.

The purchaser, the New York-based fund The Rohatyn Group, invests in developing markets. In addition to Mimaja, they've also acquired the Croatian and Serbian chain Pet Centar, as well as the Romanian chain Maxi Pet. The aim is to form a chain of stores for pets in the Balkans.

– It's true, we've sold our business, including the stores, the shares, everything. It was time to do so. We've only kept real estate in Ljubljana – Ales Jamsek, one of Mimaja's partners, confirms, as reported by Poslovni.

He expects the purchaser to get all the necessary permits by September at the latest. The only thing he wasn't ready to disclose is the sales price, but speculations in Ljubljana say that Jamsek is satisfied, Finance reports. It is said that the purchaser had some competition as well.

Jamsek and his partners took care that pets are not hungry, that they can sleep and play comfortably, and now they will dedicate themselves to their health, providing generic drugs which are not yet present in the Slovenian market.

The website of The Rohatyn Group shows that the fund invests in Latin America, central and eastern Europe and Asia and that it is oriented toward medium large companies.

The group also invests in infrastructure, agriculture and financial products and government bonds.

Rohatyn has 14 offices worldwide.

It was founded in 2002 by Nicolas Rohatyn, previously one of the leading people at JP Morgan.

The Placek Group, which has developed retail and wholesale activities in numerous markets in eastern Europe and with which Mimaja has unified the procurement procedures in order to get better purchasing terms and increase the competitiveness, also made a bid for the purchase of Mimaja, but offered a lower price than the American fund.

Late last year, Mimaja was one the most successful Slovenian medium companies with a return on property of 25%.

Within five years, the company's revenues grew by two thirds, whereas the net profit jumped from more than EUR 250,000 to last year's EUR 1.2 million.

Mimaja d.o.o.

The Rohatyn Group

Mimaja

The Rohatyn Group

Mr Pet

Ales Jamsek

Pet Centar

Maxi Pet

Nicolas Rohatyn

JP Morgan

Economic Chamber of Slovenia

pet markets

pet care

pet food

acquisition of Mimaja

purchase of Mimaja

establishment of regional pet market chain

pets

pet shop

markets for pets

food for pets