In December 2016 KJK Fund II Balkan Discovery closed the acquisition of Kovinoplastika Loz dd. Kovinoplastika Loz is a globally active production company with EUR 60 million sales and ca. 700 employees, headquarters in Loz, Slovenia. It focuses on production of fittings, kitchen sinks, components and tools, through three main business units: Fittings, Inox, and Toolshop. KJK Balkan Discovery Fund owns 89% of Kovino as of now and is in the process making a mandatory buyout offer for Kovino’s minority shareholders. Kovinoplastika provides unique products and solutions to a vast variety of industries and end-users. It caters to the automotive and construction industry and furniture industry (hardware market), to the HORECA industry, as well as to do-it-yourself enthusiasts and homemakers alike. The company not only offers top quality products to a wide range of customers, but also uses the unique product portfolio to achieve substantial R&D synergies. Company’s fittings and inox products maintain their quality, by closely cooperating with each other and with the Toolshop (and vice-versa), resulting in out-of-the-box solutions that generate growth giving Kovinoplastika Group the edge over competitors.