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Noerr Advises Szallas.hu on Acquisition of MaiUtazas Group

Noerr Advises Szallas.hu on Acquisition of MaiUtazas Group

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Noerr has advised Hungarian-based online travel portal Szallas.hu on its take-over of the MaiUtazas Group travel portal in a combined share and asset deal transaction. The acquisitions were financed with Szallas.hu's internal resources, as well as capital from the equity funds of Szallas.hu’s owner, OTP Bank. The Csetneki Law Firm advised MaiUtazas Group on the deal.

The Noerr team was led by Head of Corporate/Private Equity Akos Bajorfi and included Lawyer Timea Tompa, Senior Associates Szilvia Andriska and Eszter Sieber-Fazakas, Associate Reka Zambo, and Legal Advisor Eszter Hegedus.

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Established in 1957, Wolf Theiss is one of the leading European law firms in Central, Eastern and South-Eastern Europe with a focus on international business law. With 300 lawyers in 13 offices located in Albania, Austria, Bosnia and Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Poland, Romania, Serbia, Slovakia, Slovenia and Ukraine, Wolf Theiss represents local and international industrial, trade and service companies, as well as banks and insurance companies. Combining law and business, Wolf Theiss develops comprehensive and constructive solutions on the basis of legal, fiscal and business know-how.

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