Hungarian investment group Indotek Group has finalized the full acquisition of Auchan Hungary, purchasing the remaining 53% share from Auchan Retail International. This deal makes Indotek, connected to businessman Dániel Jellinek, the sole owner of the Hungarian retail chain. Following the acquisition, Auchan Hungary announced plans for a nationwide expansion, signaling increased investment in the local market. The financial details of the transaction were not disclosed. This move consolidates Hungarian ownership of a major player in the country’s retail sector. Industry analysts suggest the expansion could lead to increased competition and potential job creation within Hungary. The acquisition concludes a process of ownership transition for the retailer in the country.