CMS Budapest has advised the Invitel Group (Ilford Holding Kft. and Invitel Technocom Távközlési Kft.) on the signing of an agreement for the sale of shares representing 99% of the share capital and voting rights of Invitel Távközlési Zrt. to the Hungarian subsidiary of DIGI Communications. The agreement is subject to certain conditions, including approval by the Hungarian Competition Authority.

Invitel Távközlési Zrt. is part of the Invitel Group and is one of the key operators in the Hungarian telecommunications market with over 20 years’ experience, offering TV, internet and telephone services to residential and small business customers. The EUR 140m transaction is expected to complete in Q1 2018.

Earlier this year CMS Budapest has also assisted in the acquisition of Invitel Group by the China Central and Eastern Europe Investment Co-operation Fund, which is advised by CEE Equity Partners.

The CMS team assisting the Invitel Group was led by Anikó Kircsi, Partner, Head of Corporate/M&A and included Gábor Gelencsér, Senior Counsel from the corporate team. On the competition side, the team was supported by Dóra Petrányi, Partner, Head of Competition and Szabolcs Szendrő, Senior Associate.

Events Calendar

Subscribe to Our Newsletter

Email Subscribe
First Name : (*)

Please let us know your name.
Last Name: (*)

Please enter your last name!
Your Email Address : (*)

Please let us know your email address.
Captcha: (*)

Invalid Input

BCCH on Facebook

BCCH Latest Tweets

BCCH on Youtube

Current Offers

Take a look at what other BCCH members can offer you.

Current Offers

Apply for Membership

Becoming a member of our Chamber is simple, just fill out the online application form by clicking on the online application button below.

Please read our Charter carefully before submitting the application form. For further information on the key benefits of BCCH membership, please click here.


Online application

Foundation Members