Mid Europa Partners acquires 49.05 per cent in Waberer’s Holding
Mid Europa Partners stake brings Hungarian transport logistics group Waberer’s Holding capital increase and growth impetus
Subsequent to the acquisition of shares Mid Europa will effect a capital increase at Waberer’s Holding. The equity investment will be used to acquire road transportation companies in Hungary and the surrounding countries. Waberer’s is operating a fleet of 2,300 trucks and generating revenues of EUR 331 million in 2010, which makes it the market leader in Hungary and one of the largest road freight transport companies in Europe. Mid Europa Partners is a leading independent private equity firm focused on Central and Eastern Europe. Operating from its offices in London, Budapest and Warsaw, Mid Europa Partners advises and manages funds with asset value of approximately EUR 3.2 billion. Quelle: LogEastics |