Following the purchase of Adevinta Classified Media Hungary, the Használtautó.hu and Jófogás market places will continue their operations within the ingtaln.com Zrt. group of companies.
After the closing of the transaction, ingtalan.com Zrt will create a group of companies operating with two control centers: Használtautó.hu and Autónavigátor.hu will operate under the direction of József Keleti, the CEO of ingtalan.com, in one of them. Balázs Várkonyi and Gyula Kelemen, the founders of Extreme Digital, will continue to manage the development and expansion of Vatera.hu marketplaces, which were spun off from the Jófogás and eMAG group of companies this summer.
The goal of the new Hungarian owners is to compete with global players with domestic gray stock. For the acquisition of Adevinta’s Hungarian subsidiary, the acquiring parties also used the state-supported, favorable interest rate loan of the Gábor Baross Újraiparosísácii Hitelprogram.
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