Schoenherr has advised Chengdu Datang Communication Cable on the establishment of its Hungarian subsidiary, Zettanet Kft., and the acquisition of a 25,000-square-meter industrial site in Kisber from Sumitomo Electric Wiring Systems Limited. Sole practitioner Zsolt Fuesthy advised the sellers.
Chengdu Datang Communication Cable is a member of the Fiberhome Group. Fiberhome is listed on the Shanghai Stock Exchange and is a producer of optical cables.
Sumitomo Electric Wiring Systems Limited is a European-based company of the Japanese Sumitomo Group.
The Schoenherr team included Partners Kinga Hetenyi and Laszlo Krupl, Attorney at Law Adrian Menczelesz, and Associates Noemi Suller and Viktoria Magyar.
