TREVELIN HOLDING ZRT. has acquired a 24% stake in Waberer’s
Deal TypeM&A
IndustryManufacturing
Sub-IndustryTransport & Logistics
ClientTrevelin Holding Zrt.
Mid Europa Partners has entered into an agreement with Trevelin Holding Zrt., A member of the Indotek Group, to sell 24 percent of its shares in Waberer's International Plc.
Indotek Group emphasized in its announcement that it is part of its business strategy to invest in companies in difficult economic situations due to the spread of the coronavirus epidemic, to adjust their capital position, restructure and put them on a growth path, thus increasing their value.
Indotek sees the business as a long-term strategic investment, but does not intend to acquire a controlling majority in the company. The option will be sold primarily to professional investors with industry experience.