Pervanovo Invest AB acquired a 98.68% stake in Spacva d.d. (ZGSE:SPVA) from HPB Invest d.o.o., MWM 1 otvoreni alternativni investicijski fond s privatnom ponudom, managed by Maverick Wealth Management d.o.o. and Quaestus Private Equity Kapital II, managed by Quaestus Private Equity d.o.o. in May 2021. Under the transaction, Pervanovo will acquire 75.81% stake in Spacva from Quaestus Private Equity Kapital II, a 18.95% stake from HPB Invest d.o.o. and a 3.92% stake from MWM 1 otvoreni alternativni investicijski fond s privatnom ponudom. Pervanovo is now obliged to launch a buyout bid for the remaining shares in Spacva it does not own yet. Pervanovo will delist Spacva from the Zagreb Stock Exchange (ZSE) and rename it to Bjelin Spacva after acquiring all shares. Spacva employs 850 people. Through the acquisition, Pervanovo is becoming the largest wood processing company in Croatia with 1,700 employees and five production unit. Pervanovo Invest AB completed the acquisition of a 98.68% stake in Spacva d.d. (ZGSE:SPVA) from HPB Invest d.o.o., MWM 1 otvoreni alternativni investicijski fond s privatnom ponudom, managed by Maverick Wealth Management d.o.o. and Quaestus Private Equity Kapital II, managed by Quaestus Private Equity d.o.o. on June 1, 2021.