SALE OF GULLIVER AND STAR TOYS TO KBC PE

December 2007, Budapest

Toy Group Kft a 100% subsidiary of KBC Private Equity N. V acquired Gulliver Kft and Star Toys Kft. Gulliver Group, with 2007 sales in excess of EUR 20 million, is the leading Hungarian toy wholesaler and Star Toys is a leading retailer, under the Bambini brand. The company distributes leading international toy brands on the Hungarian market since 1989, and today operates 5 Cash & Carry and 15 retail shops.

KBC Private Equity will finance Gulliver’s further expansion in Hungary and in the neighbouring countries.

IMAP MB Partners advised the sellers .