The story
Founded by Emil Tedeschi on Oct 28, 1991.1
1991–2001: Foundation and domestic expansion
The beginning of Atlantic Grupa dates back to 1991 when Atlantic Trade d.o.o., a company for distribution of consumer goods, was founded. In the following years, the company grew into a national distributor with distribution centres in Zagreb, Split, Rijeka and Osijek and a distribution portfolio from principals such as Wrigley, Procter & Gamble, Johnson & Johnson, etc.
In 1991, Atlantic Trade was incorporated and the development of consumer goods distribution started across Croatia.
In 1997, the company invested in the "Ataco" distribution system in Bosnia & Herzegovina. In 1998, Atlantic Grupa launched the first Croatian ready-made sandwich for broad distribution named Montana.
2001–present: Regional expansion
With the opening of the representative office in Bosnia & Herzegovina in 2001 the company became a regional company, which was in later years followed by own distribution companies in Serbia, North Macedonia and Slovenia. In addition to being a distribution company, with the acquisition of Cedevita d.o.o. in 2001, Atlantic Grupa also became a production company.
In 2001, Atlantic Grupa acquired Croatian instant vitamin drink producer Cedevita d.o.o. In the following year, it incorporated Atlantic Grupa d.o.o.
In 2003, it acquired Croatian cosmetics company Neva d.o.o. It also started up a distribution company Atlantic Trade Skopje d.o.o. In 2004, the Croatian manufacturer of all-purpose skin and lip balm Melem, was purchased in the same year.
In 2005, Atlantic Grupa acquired German sports food producer Multipower, which marked the first acquisition outside of former Yugoslavia. In 2006, the company established a representative office in Moscow. In the same year, the company was transformed into a joint stock company.
In 2007, it purchased Fidifarm, leading Croatian producer of OTC medicines
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Also, it acquired Serbian instant vitamin drink producer Multivita d.o.o., thus cementing leadership status in the region in the industry of vitamin drinks. In the same year, after the implementation of the initial public offering of shares, Atlantic Grupa d.d. was listed on the official market of the Zagreb Stock Exchange.
In 2008 the company started to acquire pharmacy institutions and form its own pharmacy chain Farmacia. In 2010, it purchased Droga Kolinska, the leading Slovenian food producer, for 382 million euros. The acquisition of Kalničke Vode Bio Natura d.d. came in the same year.
In 2013, the company established a collaboration with Unilever. In 2015, Atlantic Grupa acquired Foodland, Serbian producer of homemade fruit and vegetable products e.g. jams, juices
From Wikipedia’s article on Atlantic Grupa, shared under CC BY-SA 4.0.4