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Indotek Group Secures Full Ownership of Auchan Hungary

Indotek Group Secures Full Ownership of Auchan Hungary

After eighteen months of managerial oversight, Budapest-based Indotek Group has acquired the remaining 53% stake in Auchan Hungary from Auchan Retail International. The transaction grants Indotek full control of the retail chain, which operates 24 stores and employs approximately 5,400 people across the country.

The ownership transition concludes a period that began in late 2024, when Indotek first assumed operational responsibility for the business. While the equity structure has shifted to 100% Indotek ownership, the company will maintain its ties to the global Auchan network. Long-term agreements ensure continued access to the Auchan brand, centralized procurement channels, and international purchasing alliances.

To support this new phase, Auchan Hungary has transitioned to an independent financing model. The company secured new credit facilities from Erste, Raiffeisen, and UniCredit, replacing the internal funding arrangements previously provided by Auchan Retail International. Dániel Jellinek, CEO of Indotek Group, stated that the acquisition reflects confidence in the local team’s ability to drive operational improvements and strengthen ties with Hungarian suppliers. For employees and customers, management expects no disruption to daily operations as the firm continues its existing transformational strategy.

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