DLA Piper and Szecskay Advise on Indotek's Acquisition of 47% Stake in Auchan

DLA Piper and Szecskay Advise on Indotek's Acquisition of 47% Stake in Auchan

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DLA Piper has advised Indotek on its acquisition of a 47% stake in Auchan holdings. Szecskay and, reportedly, D'Ornano Partners advised Auchan on the deal.

Indotek is a Hungarian property developer. Following the transaction, Indotek will become a minority owner in Auchan Retail Magyarorszag and Ceetrus Magyarorszag. Auchan is a French multinational retail group headquartered in Croix, France.

DLA Piper’s team included Local Partners Szilard Kui, Zoltan Kozma, and Viktor Radics, Counsel Attila Sari, Senior Associates Gabor Spitz, Eszter Fodor, Bettina Boncok, Angela Toth, Peter Virag, and Balazs Soth, Associates Kristof Szeredi and Eszter Varga, and Junior Associates Krisztina Kasza-Toth, Fanni Oroszi, Katalin Banasz, Eszter Toth, and Beatrix Polya.

Szecskay's team included Senior Partner Patrick Tausz, Partners Sandor Nemeth and Bence Molnar, Of Counsel Sam MacMahon Baldwin, and Junior Associate Daniel Bihary.