Slovenian Big Bang to Take Over Serbian Company BC Group

Big Bang, the biggest Slovenian trader of entertainment and consumer electronics, has signed an agreement on the purchase of 100% of the Serbian online trader BC Group. The agreement needs to be approved by the agencies in charge of protecting market competition, the company announced. The takeover should be finalized by the end of the year.

At Big Bang, they want to become the leading online market of consumer electronics in the region.

– In realizing these ambitions, we will be helped considerably by the acquisition of BC Group, by which Big Bang Group will acquire important know-how in the field of online commerce, and we will also be able to use the synergies in procurement, logistics and the digitization of the business operations – the director of Big Bang, Uros Mesojedec, said following the signing of the agreement.

Last year, BC Group had an income of EUR 35 million, and in the next five years, they want to increase it to over EUR 90 million, for which they needed an adequate business partner, explained the director and the current majority owner of BC Group, Oleg Kulidzan. Kulidzan now expects the acquisition to increase the range of products and improve the logistics and customer experience.

With this acquisition, Big Bang Group continues expanding in the region, after it took over the Croatian company Sancta Domenic last year. After the acquisition, the whole group will have nearly 700 employees, and according to the plans, in a market of nearly 16 million citizens, in 2028, it will have an income of over half a billion euros, they explain in the press release.

Last year, the group had a record income of EUR 270 million.

The group’s beginnings date back to 1991, and the brand was formed two years later, when the first store opened in Ljubljana.

In 2018, the company Bidigital became the owner of Big Bang, owned by Adventure Holding, which is controlled by the entrepreneur Darko Klaric. Bidigital bought it as part of the bankruptcy proceedings in Merkur and thereby transferred EUR 18.6 million to the bankruptcy estate.

BC Group Computers d.o.o. Beograd

BC group

Big Bang

Bidigital

Adventure holding

Sancta Domenika

Oleg Kulidžan

Darko Klarič

Uroš Mesojedec

acquisition

takeover

trade of electronics