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Auto parts distribution Croatia · Slovenia Share purchase — signed 3 Sep 2026

Croatia's Tokić has signed to buy Slovenia's Matik truck-parts distributor from Swiss Automotive Group

On 3 September 2026 Tokić d.d. of Zagreb, listed on the Zagreb Stock Exchange, told the market that on 2 September a binding agreement had been signed for the acquisition of 100% of the business shares in the Slovenian company SAG SLO d.o.o., which operates under the Matik brand and is registered at Letališka cesta 33 F in Ljubljana. SAG SLO is currently owned by the international group Swiss Automotive Group, which the announcement describes as employing more than 4,000 people and operating in around ten European markets in the distribution of auto parts and related vehicle maintenance products. Matik is described as one of the leading distributors of spare parts for commercial vehicles, trucks and buses on the Slovenian market; the brand's international roots go back to 1969, it has been developing on the Slovenian market for thirty years, and it is present through business units in Ljubljana, Maribor and Koper. On audited 2025 figures the company generated revenue of EUR 7.2 million and employed 28 people. Its product portfolio covers service and spare parts, drivetrain components, lubricants, chemical products, consumables and workshop equipment for the passenger and commercial vehicle segments, sold through wholesale and retail channels to service workshops, transport operators, auto parts retailers and end customers. The disclosure is of a signed agreement; Tokić stated no price, no closing conditions and no completion date.

Our take A group with more than 4,000 people across around ten markets is selling a 28-person, EUR 7.2 million national unit. That is what a portfolio review looks like from the seller's side: a business can be entirely healthy and still be the wrong size to keep managing from head office. From the buyer's side, note who is paying — not a fund, but the neighbouring operator with the same catalogue, who can put its own volume through those three branches from day one. That is usually who pays most for a distribution business, and it is why a distributor's real asset is the branch network and the customer list rather than the margin. The announcement names no price, which at this size is normal rather than evasive; and it says signed, not closed, so the deal is not done yet.
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