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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

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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.

Kinstellar at a Glance

Kinstellar is a leading independent law firm in Emerging Europe, Turkey and Central Asia, with offices in Bulgaria (Sofia), Croatia (Zagreb), the Czech Republic (Prague), Hungary (Budapest), Kazakhstan (Almaty and Astana), Romania (Bucharest), Serbia (Belgrade), Slovakia (Bratislava), Turkey (Istanbul), Ukraine (Kyiv), and Uzbekistan (Tashkent).

Operating as a single fully integrated firm, Kinstellar delivers consistently high quality services across all jurisdictions in an integrated and seamless style. We are particularly well suited to servicing complex transactions and advisory requirements spanning several jurisdictions.

Firm's website.