Indotek buys 24 percent of Waberer’s

By: Trademagazin editor Date: 2020. 10. 20. 11:20

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Mid Europa Partners has entered into an agreement with Trevelin Holding Zrt., a member of the Indotek Group, to sell 24 percent of the shares in Waberer’s International Plc. And to provide a call option to Indotek to purchase the remaining 47.99 percent stake.

Waberer’s announced on the website of the Budapest Stock Exchange that the transaction is subject to the normal non-compete procedure and is expected to be completed by the end of the first quarter of 2021. (MTI)