Commercial, corporate and M&A in Hungary


CMS is praised for its ‘accuracy in delivering information’ and is instructed by Liberty Global on the Hungarian aspects of Vodafone’s €18.4bn acquisition of Liberty Global’s European assets. The team, which is praised for its ‘prompt responses’, is led by Anikó Kircsi and includes Eva Talmacsi, who also operates from London, and senior associates Péter Tóth and Zoltán PoronyiGábor Gelencsér is now with Andrékó Kinstellar.


Dentons has a ‘personal approach’ and particular experience in acting for private equity clients; it advised Polish Enterprise Fund VI, a private equity fund managed by Enterprise Investors, on the €56.5m sale of to MCI Capital Group. Department head Rob Irving combines ‘outstanding legal expertise with a business-minded approach’. Edward Keller, Anita Horváth and Annamária Csenterics are standout individuals, as is counsel Susan Wang, who heads the firm’s CEE China desk.

DLA Piper

DLA Piper Hungary advised General Electric Company on the pre-sale restructuring regarding its spin-off and subsequent disposal of the Hungarian part of its EMEA Lighting Business and Global Automotive Lighting Business. It also assisted Eni with the sale of its 98.99% shareholding in Tigáz to MET Holding. Corporate head Gábor Molnár and managing partner András Posztl lead the team. Senior counsel István Szatmáry is also recommended as are senior associates Gábor Hollós, Gábor Spitz and associate Péter Szajlai.

Hegymegi-Barakonyi and Partner Baker & McKenzie Attorneys-at-Law

Hegymegi-Barakonyi and Partner Baker & McKenzie Attorneys-at-Law ’s ‘very responsive and flexible’ team advised a major global construction company on its co-operation with its Hungarian consortium partner, with which it submitted a bid for the €2.4bn construction of the Budapest- Belgrade high-speed railway project. It also assisted PepsiCo with the sale of its Hungarian beverage and snack distribution business to KMV Group. Ákos Fehérváry and Ines Radmilovic head the team, which also includes senior counsel Pál Takács and senior associate Daniel Orosz , who is 'very practical'.

Lakatos, Köves and Partners

Lakatos, Köves and Partners advised Vodafone on the acquisition of Liberty Global’s operations in Hungary and the team acted for Waberer’s International on the buyout of its minority partner. Ádám Máttyus and Richard Lock head the team, which includes managing partner Péter Lakatos, Iván Sólyom and counsel Pál Rahóty.

Siegler Bird & Bird Ügyvédi Iroda

Siegler Bird & Bird Ügyvédi Iroda advised General Electric on the sale of several of its business lines (including its EMEA Lighting Business and Global Automotive Business), and also assisted with the Hungarian aspects of the sale of its water and process technologies business, GE Water. Managing partner David Dederick specialises in regional and private equity-related transactions and recently promoted partner Pál Szabó heads the team. Konrád Siegler is also recommended, as are senior associates Dária Szabó and Gábor Helembai.

Allen & Overy

Allen & Overy is advising Aegon’s Hungarian subsidiaries, Aegon Magyarország Hitel and Aegon Magyarország Általános Biztosító, on the €250m sale of Aegon Credit and its retail mortgage loan portfolio to Intrum’s Hungarian subsidiary and Raiffesien Bank’s Hungarian subsidiary. Zoltán Lengyel is ‘very responsive’ and heads the team, which also includes counsel Balázs Sahin-Tóth, and associates Georgina Koza, Tamás Kubassek and András Bajzik.

Andrékó Kinstellar

Andrékó Kinstellar has ‘outstanding legal experience and provides a high level of professional support’. MET Group instructed the team on its agreement to acquire 98.99% of Tigáz’s registered capital from Eni. Anthony O’Connor heads the corporate and M&A department and is co-head of the firm’s private equity practice. Ákos Nagy and associate Ágnes Zsófia Szabó are also key figures. Ákos Mátés-Lányi joined Noerr. Gábor Gelencsér was a new arrival from CMS.

Forgó, Damjanovic & Partners Law Firm

Forgó, Damjanovic & Partners Law Firm is noted for its cross-border M&A expertise and it is particularly experienced in transactions across the pharmaceutical, TMT, energy, gaming and betting sectors. Agrokor Group, United Molasses Group, Advent International and Pacific Drilling are clients. Zoltán Forgó and Gábor Damjanovic head the team, which includes recently promoted partner Ákos Balázs.

Oppenheim Ugyvedi Iroda

The ‘first-rate’ team at Oppenheim Ugyvedi Iroda is noted for its ‘excellent’ M&A practice. The team advised Anheuser-Busch Inbev / SABMiller on the Hungarian issues regarding the sale of its CEE business. József Bulcsú Fenyvesi heads the team. Mihály Barcza and senior associates Ágnes Száz and Gábor Kordoványi are also noted.

Szabo Kelemen & Partners Attorneys

Szabo Kelemen & Partners Attorneys is regularly instructed on M&A transactions across the agri-business, construction, financial services, IT, automotive and energy sectors. László Kelemen, who heads the team with Tamás Szabó, advised Cemex Hungary on its cross-border merger with Cemex España. Péter Vincze, Domonkos Kiss, Gábor Hugai, Éva Balsay and Szilvia Fehérvári are also key contacts.

Szecskay Attorneys at Law

The ‘pragmatic’ and ‘responsive’ team at Szecskay Attorneys at Law advised PPF Group on its €2.8bn acquisition of Telenor’s telecoms assets in CEE. Orsolya Görgényi is 'a great problem solver’ and leads the team with Sándor Németh. Judit Budai is also a key member of the team, as are senior associates Bence Molnár and the 'experiencedAdrienn Tar.

VJT & Partners

VJT & Partners  ‘immediately reacts to issues’. It is regularly instructed on cross-border transactions for clients such as Prohumán Group and Budapest Airport. András Lovretity is ‘very proactive’ and leads the team with managing partner János Tamás Varga, who provides ‘valuable input to strategic business decisions and has a keen eye for detail’. Zoltán Csernus is ‘fast and precise in closing M&A transactions and managing other corporate matters’.

Wolf Theiss Faludi Erős Ügyvédi Iroda

Wolf Theiss Faludi Erős Ügyvédi Iroda  bolstered its corporate and M&A practice in 2018 with the arrival of Ákos Erős, senior associate Judit Nádor and associate Ágnes Buda from Wilkinson European Community Jurist Office/Squire Patton Boggs (US) LLP. Highlights included advising Eurofins on its proposed acquisition of four entities within the Hungarian Food Analytica Group. János Tóth heads the team, which also includes senior associate Norbert Bálint.

Deloitte Legal Göndöcz and Partners Law Firm

Deloitte Legal Erdos and Partners Law Firm benefitted from several key hires at associate level in 2018, bolstering its corporate and M&A expertise. It advised OKI Europe on the implementation of its intra-group restructuring. Péter Göndöcz heads the team.


Jalsovszky’s ‘sharp, professional, fast, friendly and attentive team’ is adept at handling complex transactions, and is particularly experienced in advising on the investments of Hungarian private equity, venture capital and property funds. It advised Libra Software on its acquisition of a group of three accountancy companies. Managing partner Pál Jalsovszky is ‘exceptional’ and heads the team with senior associates Ágnes Bejó and Péter Gyimesi.

Kapolyi Law Firm

Kapolyi Law Firm regularly acts for Hungarian and international SMEs, large enterprises, credit institutions, investment firms and funds. It advised a group of professional investors, including The Bank of Hungarian Savings Co-operatives, on the public takeover of FHB Mortgage. Mónika Kapetz and Zita Orbán head the team, which welcomed Sándor Habóczky from Schoenherr Hetényi Ügyvédi Iroda in 2017. Managing partner József Kapolyi is also a key member of the team.

Nagy és Trócsányi Ügyvédi Iroda

Nagy és Trócsányi Ügyvédi Iroda advised Hungary’s Prime Minister’s Office on the negotiations for the development and construction of the Paks II nuclear power plant project. Department head Ildikó Varga is experienced in cross-border transactions as is Viktória Szilágyi. Péter Berethalmi is experienced in real estate-related mandates.

Partos & Noblet in co-operation with Hogan Lovells International LLP

Partos & Noblet in co-operation with Hogan Lovells International LLP ‘goes above and beyond to give input on strategy’ and it advised Digi Távközlési és Szolgáltató on its purchase of 99.99% of the share capital and voting rights of Hungarian telecoms operator Invitel Távközlési. Christopher Noblet and László Partos, who stand out for their ‘prompt responsiveness’, head the team with the ‘brilliantSándor Békési.

Schoenherr Hetényi Ügyvédi Iroda

Schoenherr Hetényi Ügyvédi Iroda handles a raft of cross-border transactions and advised Telenor ASA on the sale of its CEE assets to the private investment firm PPF Group. Managing partner Kinga Hetényi heads the team, and Márton Gervai is also a key figure. Zita Albert departed to Cerha Hempel in early 2020.

Wilkinson European Community Jurist Office/Squire Patton Boggs (US) LLP

Wilkinson European Community Jurist Office/Squire Patton Boggs (US) LLP suffered several departures in 2018, with the loss of former team head Ákos Erős and Judit Nádor to Wolf Theiss Faludi Erős Ügyvédi Iroda  in 2018. The firm is known for its experience in cross-border transactions. Ákos Mester and London-based Andrew Wilkinson are the key contacts.

bnt | attorneys-at-law

At bnt | attorneys-at-lawJan Burmeister, who has ‘sound knowledge of the market and is very responsive’, is experienced in transactions across the life sciences, automotive and construction sectors. Associated partner Csaba Attila Hajdu is also a key figure.

bpv JÁDI NÉMETH Attorneys at Law

bpv JÁDI NÉMETH Attorneys at Law handles a range of transactions across the automotive, manufacturing, construction and energy sectors, and advises clients such as Treos Bio and Thermo-Seat. Managing partner Andrea Jádi Németh heads the team, which includes Péter Garancsi and associate Gábor Márky.

CLV Partners - Csabai & Partners Law Firm

CLV Partners - Csabai & Partners Law Firm ‘quickly responds to questions’ and delivers ‘workable solutions’. It is experienced in handling deals in the pharmaceutical sector, with clients including Association of Innovative Pharmaceutical Manufacturers. Team head Marianna Csabai has a ‘business-oriented’ approach and senior associate Éva Fülöp is also noted.

Conybeare Solicitors

Conybeare Solicitors' primary focus is on commercial and corporate instructions for clients in the oil and gas industry. Steven Conybeare provides ‘a measured and informative approach’, which ‘leads to quicker decisions, less uncertainty and a focus on the important areas of concern in any transaction’.


The team at Noerr has ‘good business understanding’ and highlights included advising Prologis Hungary Holding and Prologis Superholding on the sale of Prologis Park Hegyeshalom to Horváth Rudolf Intertransport. Ákos Mátés-Lányi, who joined in 2018 from Andrékó Kinstellar, heads the corporate and M&A team, and senior associate Eszter Sieber-Fazakas heads the commercial team. Senior associate Ákos Bajorfi is experienced in private equity transactions.

Réti, Várszegi and Partners PwC Legal

Réti, Várszegi and Partners PwC Legal  is regularly instructed on M&A transactions and is adept at handling corporate restructuring projects. Zoltán Várszegi, Zoltán Martonyi, Tibor Szabó, Dóra Horváth and Dániel Kelemen lead the team.

Sándor Szegedi Szent-Ivány Komáromi Eversheds Sutherland

Sándor Szegedi Szent-Ivány Komáromi Eversheds Sutherland is instructed by clients across the food, retail, automotive and manufacturing sectors on a range of M&A projects and corporate mandates. Autoneum and Pappas Auto are clients. Ildikó Szegedi leads the team, which includes managing partner Ágnes Szent-Ivány and Péter Sándor.

CERHA HEMPEL Dezső & Partners

Cerha Hempel is particularly experienced in transport, energy, property, pharmaceutical and financial services sector work and the team provides ‘customised solutions’. Andrea Presser and Tamás Polauf head the team, which recently gained Zita Albert from Schoenherr Hetényi Ügyvédi Iroda in 2020.

Gárdos Mosonyi Tomori Law Office

Gárdos Mosonyi Tomori Law Office regularly acts for clients across the financial services, construction, transport and real estate sectors. Richard Mosonyi and Dániel Szabó lead the team.

KCG Partners Law Firm

KCG Partners Law Firm is regularly instructed on cross-border M&A and complex corporate restructurings. Managing partner Eszter Kamocsay-Berta and Gabriella Gálik lead the department.

Szécsényi és Társai Ügyvédi Társulás

Szécsényi és Társai Ügyvédi Társulás handles transactions across the retail, chemicals, energy and e-commerce sectors. Managing partner László Szécsényi heads the team.

Vámosi-Nagy Ernst & Young Law Office

At Vámosi-Nagy Ernst & Young Law OfficeIván Sefer, who is experienced in advising on domestic and cross-border M&A transactions in the financial services sector, and Adrienn Piskóti, who handles a range of corporate restructurings and M&A mandates, head the team.