May 2016

UCMS Group is Central Eastern Europe’s leading payroll, HR and accounting service provider. Through its Hungarian, Polish and Romanian subsidiaries, as well as through its partners, the Company is able to serve a number of international blue-chip and local clients throughout Europe.

TMF Group provides high-quality business services in more than 80 countries, predominantly to global and regional clients. The Company’s financial, legal and HR services facilitate the client’s focus on the operation of its corporate structure, its subsidiaries and its investment companies.

UCMS Group’s customer focus and trans-border services match TMF’s strategic conception. With the acquisition of UCMS, TMF is able to considerably strengthen its position in the region.

Concorde MB Partners advised the owners of UCMS Group in this transaction.

Pilisvörösvár, May 2016

The Luxembourgian minimal window manufacturer Keller AG acquired 100% of the wood and wood-aluminium division of Hungarian Hofstädter Group. Keller AG will carry on Hofstädter’s activity of manufacturing wood and wood-aluminium windows and doors, and additionally bring the production of home conservatories to his newly acquired manufacturing plant. This acquisition enables Keller AG to broaden its presence in CEE as well as ensure a faster and more flexible delivery service of its products into the region.

Concorde MB Partners advised the buyer on this transaction.