03.02.2020

WKB advised Duna House on its acquisition of Alex T. Great

WKB law firm advised Duna House on the acquisition by its subsidiary, Metrohouse Franchise S.A., of 100% of the shares in Alex T. Great sp. z o.o. The transaction was finalized on 7 January 2020.

WKB’s lawyers provided comprehensive legal support in respect of all aspects of the transaction including, in particular, undertaking legal due diligence in respect of Alex T. Great sp. z o.o., drafting and negotiating the transaction documents, as well as closing actions and post-closing notifications. The transaction team was led by Ben Davey who was supported by Dominik Kulpa and Tomasz Maślak.

Duna House is listed on the Prime Market of the Budapest Stock Exchange. In addition to Metrohouse and Gold Finance in Poland, Duna House also owns the largest chain of estate agents in Hungary, operating under the Duna House and Smart Ingatlan brands, among others. It is also a leader in the financial intermediation sector.

Alex T. Great specializes in financial intermediation and provides a wide range of products – from mortgage loans to products for businesses and insurance.

Following the transaction, more than 700 credit experts will work under the Gold Finance and Alex T. Great brands, which places the group among the leading financial intermediation service providers in Poland.

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