Budapest – CFI Hungary is pleased to announce that they acted as financial advisor to two Hungarian private individuals in the acquisition of Mesteri Termál Kft., a countryside thermal bath and hotel.
Mesteri Termál Kft. is a thermal bath and a boutique hotel located in the western part of Hungary. The hotel opened in 2018 with 16 rooms in Mesteri which is famous for its thermal water. The spa, based on 72 ° C thermal water and recommended for the treatment of musculoskeletal disorders, has been operating since 1968. The thermal water that rises from a depth of 1800 m belongs to the group of thermal waters with calcium-magnesium bicarbonate.
Secondo Darbo Holding Kft. is a holding company owned by a Hungarian private individual, former shareholder of the target. The family office is active in real estate investments and services connected to thermal water management.
The transaction closed on 14 July 2020.
Third-party allocation of preferred shares in
a capital and business alliance agreement with