31
Tue, Mar
59 New Articles

LKT Advises Waberer’s on Buyout of Minority Partner

LKT Advises Waberer’s on Buyout of Minority Partner

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

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. 

 

Hungary Knowledge Partner

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.

Firm's website.

Our Latest Issue