Imperial d.d. (ZGSE:HIMR) agreed to acquire Hoteli Makarska d.d. (ZGSE:HMAM) on June 27, 2019. The resulting entity will be called The new Imperial Riviera d.d. Both companies were successfully privatized in partnership between Valamar and AZ pension funds. The transaction is expected to be completed in the coming days. Imperial d.d. (ZGSE:HIMR) completed the acquisition of Hoteli Makarska d.d. (ZGSE:HMAM) in June 2019.