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CMS and Bird & Bird Advise on Egis' Acquisition of Dermatological Product Line from Teva

Hungary
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CMS has advised Egis Pharmaceuticals on its acquisition of a dermatological product line from Teva Pharmaceutical Industries. Bird & Bird reportedly Teva.

According to CMS, "the acquisition holds strategic significance for Egis, a Hungary-based pharmaceutical company with a legacy spanning over 110 years. This move aims to solidify its position in the Hungarian over-the-counter market while expanding its portfolio of locally applied dermatological products."

The CMS team included Partners Eszter Torok, Dora Petranyi, and Szabolcs Szendro, Senior Counsel Veronika Kovacs, and Senior Associates Aranka Nagy and Miklos Boros.

The Bird & Bird team included Partners Pal Szabo and Balint Halasz, Senior Counsel Ferenc Matrai, Counsel Daria Szabo, and Associate, Adel Gelencser.

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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. This positions us to help clients with their legal needs around the world.

With more than 60 lawyers, including 14 partners, and a staff of over 140, DLA Piper Hungary is one of the largest international law firms operating in Hungary. What makes us stand out is that we offer not only legal services but also tax and business advisory support in a fully integrated manner. We maximize synergies between legal, tax, and business advisory services to offer a unique service for our clients, particularly in regulated industries such as energy, infrastructure, life sciences, banking, and telecommunications.

We are a true full-service firm, providing our private and public sector clients with advice on all aspects of their business. This includes transaction-related advice, people and employment, commercial dealings, litigation, information technology, media and communications, intellectual property, insurance, tax, real estate, and restructuring plans.

DLA Piper Hungary has received numerous professional awards and is consistently ranked among the top law firms in Hungary by international rankings. We are ranked #1 by Mergermarket among the law firms active in Hungary based on the volume of M&A deals handled between 2005 and 2024.

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