Gruppo SIAD S.p.A. entered into an agreement to acquire remaining 51% stake in Istrabenz Plini d.o.o. from Istrabenz, holdinska druzba, d.d. for €24.2 million on June 13, 2016. The transaction will be completed as soon as all conditions precedent are met. Istrabenz shareholders approved the transaction on July 26, 2016.