October 19 (SeeNews) - Macedonian forwarder Fersped [ME:FERS] said local peer Makosped [MSE:MKSD] has increased its stake in the company to 11.58%.
Makosped has acquired 386 Fersped shares and now owns a total of 2,097 shares, Fersped said in a bourse filing on Tuesday.
You can subscribe to our M&A newsletter here
In July, Makosped increased its stake in Fersped to 8.82% by acquiring 706 shares in two separate transactions.
Fersped was established in 1968 and privatised in 1995. Its core activity is transport and forwarding services, but the company operates also in hospitality, wine production and brokerage sectors.
Makosped, which was established in 1946, offers transport and warehousing services.