Mid Europa Partners, a private equity investor in Central and Eastern Europe, announced an agreement to sell 24% of the issued share capital in Waberer's International Nyrt. to Trevelin Holding Zrt. (member of Indotek Group). It also granted a call option to Indotek over Mid Europa's remaining 47.99% of the issued share capital. The transaction is subject to customary anti-trust clearance and is expected to close by the end of the first quarter 2021.
Waberer's is a leading European provider of international full truckload (FTL) transportation, market leader in domestic freight and complex logistics services in Hungary and it has a strong position in the Hungarian non-life insurance segment.
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