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Kapolyi Advises on Foodnet's Listing on Budapest Stock Exchange Through Amixa Public Shell Company

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Kapolyi Law Firm has advised Amixa and Foodnet Ltd. shareholders on the former's acquisition of the latter and Amixa's listing of new shares on the Budapest Stock Exchange.

According to the firm, Foodnet Ltd. is an important player in the Hungarian wholesale market of consumer foods. Amixa is a public shell company traded on the Budapest Stock Exchange.

The transaction implied using a reverse acquisition strategy whereby Amixa raised its registered capital and the Foodnet shareholders contributed their purchase price claim to Amixa to become the controlling owners of Amixa. Ultimately, Amixa listed the newly issued shares on the Budapest Stock Exchange.

The Kapolyi team included Senior Attorney at Law Viktor Krezinger and Attorneys at Law Adam Menyhart and Vivien Szekeres-Benczik.

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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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