The Slovenia Times

Winemaker Agroind sold, reportedly to Ukrainian buyer


The bad bank said on Tuesday it had received the purchase money for Agroind's claims but did not disclose any details.

While neither BAMC nor Agroind would reveal who the winemaker's new owner is, the daily Primorske novice reported today the buyer was the Slovenian subsidiary of Demis Group, which has not been named.

BAMC started collecting binding bids for claims to Agroind last December. The asking price for the claims and related liabilities and rights whose value stood at EUR 5.21m at the end of September was set at EUR 1.9m.

Interim Agroind CEO Boris Bajc, who took over in June, said he was happy with the deal. "It means we are free of a part of our burdens from the past and we can discuss the future of wine-making in the Vipava valley," Bajc told Primorske novice.

In line with the deal, a 94% share in Agroind, previously owned by the Vipava Cooperative, will be transferred to the new owner in the coming days.


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