Double strike at Waberer's International
Hungarian transport company Waberer’s is planning to build a 47,000 sqm logistics centre close to Budapest Airport. The warehouse, a HUF 18 billion (EUR 48 million) investment, will offer services for e-commerce and retail shippers. Completion is scheduled for Q1/2024.
There will also be a change of ownership. Former CEO György Wáberer is going to sell all his shares and leave the group, while Merkport, 95% of which is owned by BDPST Group, will be able to purchase 22.88% of Waberer’s shares. The combined share of the BDPST Group and the minority owner of Merkport will thus amount to 49.64%.
The agreement still requires the green light from the Hungarian National Bank and the Economic Competition Authority. BDPST group is a capital investment company owned by the Hungarian prime minister’s son-in-law, István Tiborcz. (sh)