05
Wed, Feb
133 New Articles

Kinstellar Advises Electrolux on EUR 38 Million Sale of Hungarian Facility to Qvantum

Kinstellar Advises Electrolux on EUR 38 Million Sale of Hungarian Facility to Qvantum

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Kinstellar has advised the Electrolux Group on the sale of its manufacturing facility in Nyiregyhaza, Hungary, to Qvantum for EUR 38 million. CMS reportedly advised Qvantum.

The Electrolux Group is a Swedish home appliances manufacturer.

Qvantum is a Swedish heat pump manufacturer.

The Kinstellar team was led by Managing Associate Barnabas Sagi and included Partners Annamaria Csenterics and Peter Voros, Managing Associates Peter Gullai and Daniel Peter, Associates Bertalan Vanya and Judit Sos, and Junior Associates Anna Szilagyi and Szabolcs Szilagyi.

Editor's Note: After this article was published, CMS confirmed it had advised Qvantum. The firm's team included Partner Gabor Czike and Senior Associate Zsofia Zsurzsa.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa, and Asia Pacific. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

Firm's website.

Our Latest Issue