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Schoenherr Advises Fiberhome on Hungarian Business Setup and Industrial Site Acquisition

Schoenherr Advises Fiberhome on Hungarian Business Setup and Industrial Site Acquisition

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Schoenherr has advised Chengdu Datang Communication Cable on the establishment of its Hungarian subsidiary, Zettanet Kft., and the acquisition of a 25,000-square-meter industrial site in Kisber from Sumitomo Electric Wiring Systems Limited. Sole practitioner Zsolt Fuesthy advised the sellers.

Chengdu Datang Communication Cable is a member of the Fiberhome Group. Fiberhome is listed on the Shanghai Stock Exchange and is a producer of optical cables.

Sumitomo Electric Wiring Systems Limited is a European-based company of the Japanese Sumitomo Group.

The Schoenherr team included Partners Kinga Hetenyi and Laszlo Krupl, Attorney at Law Adrian Menczelesz, and Associates Noemi Suller and Viktoria Magyar.

Schoenherr at a Glance

Schoenherr is a leading full-service law firm providing local and international companies stellar advice that is straight to the point. With 15 offices and 4 country desks Schoenherr has a firm footprint in Central and Eastern Europe. Our lawyers are recognised leaders in their specialised areas and have a track record of getting deals done with a can-do, solution-oriented approach. Quality, flexibility, innovation and practical problem-solving in complex commercial mandates are at the core of our philosophy.

Firm's website: www.schoenherr.eu