The deal was signed on Monday by financial companies KD Kapital, KD Skladi, KD Group, insurer Adriatic Slovenica, and the state-owned Bank Asset Management Company (BAMC), which jointly hold 754,859 Gea shares, Gea said in a statement on its website.
The sale process of the company will be coordinated by KD Group and will be assisted by a financial advisor.
Tovarna Olja Gea produces pumpkin seed oil, refined and cold-pressed table oils as well as biodiesel.