01
Sat, Feb
80 New Articles

NH Partners Advises on Waberer's International Acquisition of 51% Stake in Hungary's Petrolsped

NH Partners Advises on Waberer's International Acquisition of 51% Stake in Hungary's Petrolsped

Hungary
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

NH Partners has advised Waberer's International on its acquisition of a 51% stake in Petrolsped.

The Petrolsped Group is a logistics service provider in Hungary. It provides rail logistics services mainly in Hungary and Romania, either directly or through its subsidiaries Pultrans and PSP Cargo Romania. It is currently in the final phase of the construction of a modern intermodal terminal in the southern part of Hungary, which could represent an optimal basis for supporting intermodal transport between the Balkans and Western Europe.

Waberer’s is a road transport company in Hungary and a significant road freight transport player in Europe, operating a fleet of 3,500 trucks. It has a presence in Belgium, Germany, France, Italy, the Netherlands, Poland, and the UK.

"With the acquisition of Petrolsped, Waberer's takes a significant step towards building a multimodal service portfolio, will further broaden its service portfolio, develop its rail logistics capabilities, and enter the specialized logistics segment that currently predominantly uses rail services, like agricultural and construction products," Waberer's International Chairman and CEO Zsolt Barna commented. "The move will also bring Waberer's closer to EU’s strategic directions to increase the share of long-distance transport by rail."

The NH Partners team included Managing Partner Gabor Hollos and Counsel Emese Szitasi.

Hungary Knowledge Partner

DLA Piper is a global law firm with lawyers located in more than 40 countries throughout the Americas, Europe, the Middle East, Africa and Asia Pacific, helping clients with their legal needs around the world. We strive to be the leading global full-service law firm by delivering quality and value to our clients. With practical and innovative legal solutions, we help our clients succeed.

In Central and Eastern Europe (CEE), DLA Piper continues to grow and now employs more than 320 lawyers, including 46 partners across its six offices in Austria, the Czech Republic, Hungary, Poland, Romania and Slovakia. With our global set-up and established relationship firms across all other CEE jurisdictions, we are among the largest and most experienced international law firms in the region. Through our experience gained advising on a variety of high-profile projects and the long-term relationships we have established with our clients, we have built a reputation as a leading business law firm across CEE.

Firm's website.

Our Latest Issue