DLA Piper has advised Optima Investment Co Ltd on the sale of the Reno Udvar real estate project in Hungary to the Chi Fu Group. Dentons advised the buyer on the deal, which is valued at EUR 60 million.
DLA Piper has advised the Hungarian Fund Management Company on the acquisition of Forgacs Intezet, a company focusing on the provision of reproductive health services and obstetric and outpatient care. The unidentified seller was advised by Solo Practitioner Tomcsanyi Tamas, and financial details were not disclosed.
DLA Piper has advised Polish family-owned investment firm TDJ on its acquisition of a controlling 83% stake in Teamtechnik Production Technology, a company specializing in the design and manufacture of intelligent production lines for the automotive industry. Teamtechnik was advised by Domanski Zakrzewski Palinka.
The Czech Republic has – due to its strategic location in the heart of Europe – always been an important transportation and business hub. It has one of the highest densities of railway networks in Europe, with almost 1,200 km of track for every 10,000 square kilometers in the country, and it is also an important road transportation hub.
DLA Piper has advised FIZAN Foreign Expansion Fund on its entrance into a joint venture with Poland's Elemental Holding to acquire a majority stake in PGM, a Texas company specializing in the treatment of used automotive and industrial catalytic converters. The firm also advised Bank Gospodarstwa Krajowego on financing for the acquisition.