Turkish private investors acquire large parts of Veritas Group

Lakatos, Köves & Partners ('LKT') advised Turkish private investors on the acquisition of the Hungarian subsidiary of Veritas Group, an insolvent German automotive and industrial supplier - in cooperation with Binder Grösswang -, as part of a global deal, including the Austrian subsidiary as well as three German plants and further subsidiaries located in Bosnia, China, and Turkey.

The LKT team was led by Ádám Máttyus, Corporate and M&A Partner and included Kornél Dirner, senior M&A lawyer and Viktória Tamás, banking & finance lawyer.