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LKT Advises Waberer’s on Buyout of Minority Partner

LKT Advises Waberer’s on Buyout of Minority Partner

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Lakatos, Koves & Partners has advised Waberer’s throughout the buyout of its minority partner, Lorand Szemerey, a 40% shareholder of Waberer’s-Szemerey Logisztika Kft. Szemerey was reportedly represented by the Botos Law Office. 

WSZL accounts for most of Waberer’s regional contracts logistic segment, which generated EBITDA of more than EUR 17 million last year -- about 21% of the group total.

LKT previously provided Hungarian law advice in relation to Waberer’s IPO (as reported by CEE Legal Matters on July 17, 2017) — a deal that has been shortlisted for CEE Deal of the Year. According to LKT Managing Partner Peter Lakatos, who led his firm's team on this recent buyout, “we trust that this change will enhance transparency and the value of Waberer’s shares at the same time.”

Lakatos was supported by Senior Lawyer Balazs Fazakas.

Botos Law Office did not reply to our inquiries on the matter. 

 

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