DLA Piper has advised the Hungarian Fund Management Company on its acquisition of 100% of shares in Sterilitas and Varandos. Solo practitioner Istvan Devai advised the unidentified seller on the deal, and the transaction value was not disclosed.
Sterilitas focuses on in vitro fertilization, embryo transfer services, and storage of biological services. Varandos provides obstetric and outpatient care and non-IVF assisted reproductive health services.
DLA Piper's team included Counsel Gabor Hollos, Senior Attorney Blanka Borzsonyi, and Junior Associate Tamas Szkiba.