July 24 (SeeNews) - Croatian holding company Flexway Adriatic, a subsidiary of UAE-based company Flexway DMCC, has increased its stake in Croatian confectionery producer Zvecevo [ZSE:ZVCV] to 95.2% following a takeover bid in which it bought an additional stake of nearly 20%, law firm M&S Partners, which represented Flexway Adriatic in the transaction, said on Wednesday.