UAE investor buys 43% in leading Croat food group

Euractiv | Nov 3, 2022 at 8:05 AM
  • Investor Saif Alketbi from the United Arab Emirates has bought a 43.4% stake in the leading Croatian food and retail group Fortenova.
  • The 43% stake was held by Russian bank Sberbank, following Agrokor’s restructuring and rebranding.
  • In September, Croatian media reported that the government was set to block the purchase of Sberbank’s stake by Hungary’s investment fund Indotek.