Baker McKenzie advised ORLEN Unipetrol in landmark market entry acquisition in Hungary

Baker McKenzie has advised ORLEN Unipetrol in successfully closing its transaction with MOL, which was initially announced on 12 January 2022.

Through the transaction ORLEN Unipetrol entered the Hungarian fuel retail market and becomes a significant player by acquiring a nation-wide network of 79 petrol stations from MOL. The transaction also covers the acquisition of further 64 petrol stations in Hungary to be handed over by the end of H1 in 2024. This transaction is a part of the complex acquisition of Lotos by PKN Orlen approved by the European Commission.  
 
The Baker McKenzie team was led by senior lawyer Dániel Orosz, supported by Dominik Császcsu and Botond Tass, and Ákos Fehárváry as supervising partner. The coordination team of Baker McKenzie Warsaw was led by Magdalena Nasilowska and Paweł Jaros and supervised by Tomasz Krzyżowski.