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Kapolyi and Lendvai Advise on AutoWallis Acquisition of Nelson

Kapolyi and Lendvai Advise on AutoWallis Acquisition of Nelson

Hungary
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Kapolyi has advised AutoWallis on its acquisition of Hungarian fleet management company Nelson. Lendvai and Partners advised Nelson and its shareholders.

AutoWallis is a car dealership and mobility service provider operating in 14 countries in CEE. It is listed in the Premium category of the Budapest Stock Exchange.

According to Kapolyi, “the total volume of the transaction is HUF 2.98 billion (approximately EUR 7.45 million), of which HUF 335 million (approximately EUR 837,000) will be paid over the next two years. The sellers have provided funds to participate in the AutoWallis Employee Share Participation Program for Nelson employees and officers who have recently joined the AutoWallis Group.”

In 2021, Kapolyi advised AutoWallis on preparing a public share issuance (as reported by CEE Legal Matters on October 27, 2021).

Kapolyi’s team included Senior Attorneys at Law Gabor Horvath and Balazs Jozsef Ferenczy, Associate Zoltan Banki, and Junior Associate Zsofia Somlovari.

The Lendvai and Partners team included Partner Andras Lendvai, Senior Associate Akos Kalman, and Associate Petra Nikolits.

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Nagy és Trócsányi was founded in 1991, turned into limited professional partnership (in Hungarian: ügyvédi iroda) in 1992, with the aim of offering sophisticated legal services. The firm continues to seek excellence in a comprehensive and modern practice, which spans international commercial and business law. 

The firm’s lawyers provide clients with advice and representation in an active, thoughtful and ethical manner, with a real understanding of clients‘ business needs and the markets in which they operate.

The firm is one of the largest home-grown independent law firms in Hungary. Currently Nagy és Trócsányi has 26 lawyers out of which there are 8 active partners. All partners are equity partners.

Nagy és Trócsányi is a legal entity and registered with the Budapest Bar Association. All lawyers of the Budapest office are either members of, or registered as clerks with, the Budapest Bar Association. Several of the firm’s lawyers are admitted attorneys or registered as legal consultants in New York.

The firm advises a broad range of clients, including numerous multinational corporations. 

Our activity focuses on the following practice areas: M&A, company law, litigation and dispute resolution, real estate law, banking and finance, project financing, insolvency and restructuring, venture capital investment, taxation, competition, utilities, energy, media and telecommunication.

Nagy és Trócsányi is the exclusive member firm in Hungary for Lex Mundi – the world’s leading network of independent law firms with in-depth experience in 100+countries worldwide.

The firm advises a broad range of clients, including numerous multinational corporations. Among our key clients are: OTP Bank, Sberbank, Erste Bank, Scania, KS ORKA, Mannvit, DAF Trucks, Booking.com, Museum of Fine Arts of Budapest, Hungarian Post Pte Ltd, Hiventures, Strabag, CPI Hungary, Givaudan, Marks & Spencer, CBA.

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