Zahar Invest agreed to acquire remaining 5.929% stake in Zaharni Zavodi AD (BUL:ZHZA) for BGN 3.4 million on June 20, 2023. Under the terms, 658,848 shares will be acquired at a price of BGN 5.15 per share in cash. The bid will remain open for 28 days, starting June 21, 2023. As of July 19, 2023, Bulgaria's Financial Supervision Commission (FSC) suspends the buyout bid, The proposal contains several inconsistencies and deficiencies which need to be addressed. As of August 3, 2023, the offer price per share has been increased to BGN 6.29 per share in cash. As of August 11, 2023, Financial Supervision Commission said that amended tender does not meet the requirements of the relevant legislation and harms the interests of the target company's minority shareholders and issued a definitive ban for the filing of a revised tender offer for the full takeover. As on February 2, 2024, Bulgaria?s Financial Supervision Commission has approved the publication of a tender offer. In March buyer had purchased 311,643 of its shares as part of the proposed takeover, raising its stake to 96.876%.

Zahar Invest completed the acquisition of remaining 5.929% stake in Zaharni Zavodi AD (BUL:ZHZA) on April 1, 2024.