Indotek Group (Trevelin) Agrees to Buy MidEuropa's Stake in Waberer's International
October 19, 2020
MidEuropa agreed to sell 24% of Waberer's International Nyrt. to Trevelin Holding Zrt. (part of Indotek Group) and granted Indotek a call option over MidEuropa's remaining 47.99% stake. The transaction, intended to support Waberer's restructuring and transformation, is subject to customary antitrust clearance and was expected to close by the end of Q1 2021.
- Buyers
- Trevelin Holding Zrt. (Indotek Group)
- Targets
- Waberer's International Nyrt.
- Sellers
- MidEuropa
- Industry
- Logistics & Distribution
- Location
- Hungary
- Transaction Type
- Divestiture
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