Noerr has advised Hungarian-based online travel portal Szallas.hu on its take-over of the MaiUtazas Group travel portal in a combined share and asset deal transaction. The acquisitions were financed with Szallas.hu's internal resources, as well as capital from the equity funds of Szallas.hu’s owner, OTP Bank. The Csetneki Law Firm advised MaiUtazas Group on the deal.
The Noerr team was led by Head of Corporate/Private Equity Akos Bajorfi and included Lawyer Timea Tompa, Senior Associates Szilvia Andriska and Eszter Sieber-Fazakas, Associate Reka Zambo, and Legal Advisor Eszter Hegedus.