Kapolyi Law Firm has advised Amixa and Foodnet Ltd. shareholders on the former's acquisition of the latter and Amixa's listing of new shares on the Budapest Stock Exchange.
According to the firm, Foodnet Ltd. is an important player in the Hungarian wholesale market of consumer foods. Amixa is a public shell company traded on the Budapest Stock Exchange.
The transaction implied using a reverse acquisition strategy whereby Amixa raised its registered capital and the Foodnet shareholders contributed their purchase price claim to Amixa to become the controlling owners of Amixa. Ultimately, Amixa listed the newly issued shares on the Budapest Stock Exchange.
The Kapolyi team included Senior Attorney at Law Viktor Krezinger and Attorneys at Law Adam Menyhart and Vivien Szekeres-Benczik.
