CETIS, Graphic and Documentation Services, d.d. completed the acquisition of a 14.2% stake in Zarja Elektronika doo.
February 03, 2022
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CETIS, Graphic and Documentation Services, d.d. (LJSE:CETG) agreed to acquire a 14.2% stake in Zarja Elektronika doo in November, 2021. The price of the transaction was not disclosed. Post Transaction CETIS will increase the stake to 33.5% from 19.3%. The transaction was subject to approval from the Slovenian competition authority and it approved the transaction on January 31, 2022.
CETIS, Graphic and Documentation Services, d.d. (LJSE:CETG) completed the acquisition of a 14.2% stake in Zarja Elektronika doo on January 31, 2022.
Cetis dd is a Slovenia-based company engaged in printing industry. It offers various solutions in the field of business communications through printed materials and other types of media. Its products are divided into four primary groups: Documents, such as passports, border transit passes, identity cards, telephone cards and safety labels, among others; Packaging, providing foil and paper wrappings as well as wrapping labels; Lottery games, including lottery and prize game tickets, as well as integrated systems for lottery companies, lottery ticket development and custom-made games; and Business communication systems, offering integrated solutions of direct mailing printed matter, forms, in the field of banking, insurance business, public administration, logistic and merchant systems. As of December 31, 2011, the Company operated through nine subsidiaries in Slovenia, Croatia, Serbia, Macedonia, Gabon and Bissau.
CETIS, GRAPHIC AND DOCUMENTATION SERVICES, D.D. 
