CEE - KBC acquires Hungarian toy wholesaler and retailer

KBC Private Equity has acquired Gulliver and Star-Toys from the Kovács and Kovalcsik families. Gulliver Group is a Hungary-based toy wholesaler and, under its Bambini-brand, toy retailer. The company distributes international toy brands to the Hungarian market, and operates five cash & carries, and 15 retail stores. Financial details of the transaction were not be disclosed. The transaction has been approved by the relevant authorities.