Press Release: EVERITA Capital invests growth capital in Pekarna Hrstić from Split
EVERITA Capital, a private equity investment fund focused on investing in small and medium-sized companies in Central Europe, has chosen Croatia for its first investment. This fund, backed by experienced European investors, supports small and medium-sized businesses in their growth and expansion.
Zagreb, March 31, 2026 - EVERITA Capital and Pekarna Hrstić signed a strategic partnership agreement under which EVERITA Capital acquired a 51 percentownership stake. Pekarna Hrstić is a family-owned company from Split that has been operating in Dalmatia for over 25 years, run by the husband-and-wife team Nikola and Ana Mihaela Hrstić. They will continue to lead the business with the existing team, and the funds invested by EVERITA Capital will be used for business development through the construction of a new production facility andthe opening of new sales outlets.
Pekarna Hrstić employs more than 80 people and generated three million euros in revenue in 2025. The company has 12 of its own retail outlets and, through wholesale, supplies about a hundred more outlets of the Ribola and Studenac retail chains, with further expansion of its distribution network expected in 2026. Pekarna Hrstić produces bread, pastries, and cakes according to its own recipes, and all of its products are exclusively prepared fresh daily and delivered to all sales outlets. Daily production amounts toabout 6,000 bakery products.
"As investors, we bring to companies not only capital, but also broader management support and the opportunity to transfer the knowledge and experience of experts and managers with whom we collaborate. Alongside investments in infrastructure and technology, we consider investments in people equally important. This isour plan for Pekarna Hrstić as well. We see a lot of potential for growth in aregion that is one of the strongest tourist destinations in Croatia. We believe that with tradition and existing knowledge, combined with modernization, newtechnologies, and additional management expertise, we can make significantstrides together that will bring the desired growth to the company, while also enriching the offerings for both the local community and the many tourists who visit this region." said Emília Mamajová, partner and co-founder of theEVERITA Capital fund.
„We are pleased and proud that EVERITA Capital has recognized our work to date and our vision for future development, which we will pursue together. To continue growing and evolving,we have brought on a partner whose investment, experience, and expertise will help take our business to the next level and will bring value to our company, our employees, and our community. In Croatia, this type of investment is not yet widespread in the small and medium-sized business segment we belong to, but I hope it will become more common in the future. By investing inproduction and sales capacity, modernization, and new technologies, we continue to grow and create value for our company, employees, and the community in which we operate," commented Ana Mihaela Hrstić, managing director and co-owner of Pekarna Hrstić.
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