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HBK Partners, Kertesz & Partners, and LKT Advise on Second Phase Acquisition of Matrai Power Plant

HBK Partners, Kertesz & Partners, and LKT Advise on Second Phase Acquisition of Matrai Power Plant

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HBK Partners and Kertesz & Partners have advised Status Power Invest Zrt. on its acquisition of an additional 36% stake in Matrai Power Plant from EP Power Europe A.S., a Czech energy holding company. The seller was represented by Lakatos, Koves & Partners.

Once the transaction has closed, Status Power Invest Zrt. will hold a 73% stake in Matrai Power Plant.

Status Power is an affiliate of Opus Global, a company listed on the Budapest Stock Exchange since 1998. According to an Opus Global press release, “Matrai Power Plant is the largest coal-fired electricity power plant in Hungary, providing up to 13% of the national demand. Matrai Power Plant is currently the biggest economic unit in its area, Heves County, in Hungary.”

The HBK Partners team advising Status Power Invest Zrt. Included Partners Dora Halapi, Dusan Lasztity and Marton Kovacs and Associate Mate Vinglman and the Kertesz and Partners team was led by Managing Partner Jozsef Kertesz.

The Lakatos, Koves & Partners team was led by Partner Adam Mattyus.

 

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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. 

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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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