Indotek buys 24 percent of Waberer’s
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)
Related news
Waberer’s becomes the majority owner of GYSEV Cargo Zrt.
Waberer’s International Plc. is acquiring a 70 percent stake in…
Read more >
Indotek also takes over control of Auchan with a 47 percent stake
Indotek Group’s acquisition of Auchan Hungary Ltd. was completed over…
Read more >
The Auchan acquisition of the Indotek group has entered the competition authority phase
The four-year-long process led by the Indotek group has reached…
Read more >
More related news >
Related news
SPAR and the Trade Union of Commercial Employees have reached an agreement on wages for 2025
SPAR Hungary Retail Ltd. and the Trade Employees’ Union (KASZ)…
Read more >
Lidl becomes a featured food chain partner of VEGANUÁR™ 2025
Lidl Hungary has become a featured food chain partner of…
Read more >
Tibor Székács is the new CEO and co-owner of Kende Retail
Kende Retail a unique company in Hungary that builds fully…
Read more >
