Indotek Group Acquires Remaining Stake in Auchan Hungary for Full Ownership
Indotek Group has acquired a remaining 53% stake in Auchan Hungary, increasing its ownership from 47% to 100%. The move follows 18 months of operational control and marks the next phase in their strategic partnership with Auchan Retail International. Auchan Hungary will now operate independently on secured financing from Erste, Raiffeisen, and UniCredit.
