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
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 >Waberer’s is implementing its warehouse development in Debrecen without subsidies
Waberer’s announced that it plans to develop warehouse logistics in…
Read more >
More related news >
Related news
SHEIN’s first Hungarian store has opened
On December 10, 2024, at noon, SHEIN’s first Hungarian store…
Read more >Schoolchildren solved a record number of tasks: the popularity of the Feed Your Brain educational program remains unbroken
The 2024 Challenge of the health education program launched by…
Read more >TikTok conqueror: Dubai chocolate craze at Lidl
As the Christmas holidays approach, there is an increasing demand…
Read more >