The buy-out of the minority shareholder of Waberer’s-Szemerey Logisztika Kft. („WSZL”) has been closed on 3 April 2018 with the legal support of LKT

Lakatos, Köves & Partners („LKT”) advised Europe’s leading transportation mogul, WABERER’s INTERNATIONAL Nyrt. („Waberer’s”) again throughout the buyout of its minority partner, Mr. Szemerey, 40% shareholder of WSZL, with the aim of structural simplification and effective regional expansion. 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 provided Hungarian law advice in relation to the first IPO of Waberer’s previously. Dr. Péter Lakatos, managing partner of LKT commented: “We are very proud of having advised such a significant market player, in another transaction of strategic importance. We trust that this change will enhance transparency and the value of Waberer’s shares at the same time.”

LKT’s legal team was composed of Péter Lakatos managing partner and Balázs Fazakas senior lawyer.