Zagreb-listed CIAK Grupa d.d. announced on 2 October 2026 that it has completed the acquisition of Technolub d.o.o. of Belgrade. The buyer is its subsidiary CIAK Auto Serbia. CIAK describes Technolub as one of the leading distributors of oils and other lubricants in Serbia and beyond, with revenue exceeding €9 million and more than 25 employees, and as a family-owned company. Technolub will continue to be run by Mr Matković as chief executive. CIAK, which positions itself as one of the leading independent automotive aftermarket companies in the Adria region, is present in Croatia, Montenegro, Serbia, Bosnia and Herzegovina, North Macedonia and Slovenia. Price and stake were not disclosed.