New offer for acquisition of FAS – Batagon raises price to EUR 6 million

The Swiss company Batagon has provided a new, fourth offer for the acquisition of ownership over Fabrika Akumulatora Sombor, SOinfo.org portal reports.

– I find the new offer to be very favorable. Batagon is offering EUR 6 million for the purchase of Fabrika Akumulatora Sombor – said Predrag Ljubovic, the bankruptcy trustee in the former Sombor-based production giant.

He stated that the interested company, headquartered in Switzerland, had submitted the offer within deadline and that it was higher by EUR 950,000 than the previous one.

– I have notified the Board of Creditors of everything. I expect that they will reach a decision next week – he said and added that the guarantee of Batagon, one of the requirements for bidding for FAS, was valid until October 19.

The Board of Creditors has rejected the three previous offers by the Swiss company. Batagon International AG offered EUR 3.5 million at the public auction and then raised the offer to EUR 4.5 million in early August. The last rejected offer amounted to EUR 5,050,000.

Black Horse- FAS doo Sremska Mitrovica

Fabrika Akumulatora Sombor

FAS Sombor

Batagon Switzerland

production of car batteries

car batteries

Predrag Ljubovic

Fabrika Akumulatora Sombor bankruptcy

sale of Fabrika Akumulatora Sombor

FAS

Dalibor Matic