Mid Europa increases holding in Waberer

As part of the deal, Mid Europa increased its stake in the business from 56.8% to 97.1%. The GP bought the shares from the company's founder and CEO György Wáberer, who will resign from all positions he currently holds with the business.

Previous funding
In 2011, Mid Europa acquired a 49.5% stake in Waberer. According to unquote" data, the GP subsequently provided the company with a capital increase of €12m.

Company
Headquartered in Budapest, Waberer focuses on road freight transport services across eastern and south-east Europe. Established in 1948, the company currently manages a fleet of 3,500 vehicles and employs 6,000 people.

According to press reports, the company generated a turnover of €520m in 2015.

People
Mid Europa Partners – Nikolaus Bethlen (partner).
Waberer – Ferenc Lajkó (deputy CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• Industrials
• CEE
• Hungary
• Mid Europa Partners