The representative body of the Municipality of Kiskunfélegyháza held an extraordinary meeting on March 11 regarding the sale of its ownership stake in the Homokhátság Regional Waste Management Company (Homokhátsági Regionális Hulladékgazdálkodási Vagyonkezelő és Közszolgáltató Zrt.). DTKH Nonprofit Kft. and KKMO Regionális Létesítménykezelő Kft. made a joint buyout offer for the city’s nearly ten percent share package. According to the council’s decision, the package, which has a nominal value of over HUF 430 million, will be sold through an open tender process with a starting price exceeding HUF 564 million.
Local municipal asset management in Kiskunfélegyháza is undergoing a significant transformation within the waste management sector. The city’s representative body discussed and finalized the details of a transaction that will result in the municipality divesting its interest in one of the region’s most important public service providers.
The Purchase Offer and the Stake in Numbers
Currently, Kiskunfélegyháza holds exactly a 9.724 percent stake in the Homokhátság Regional Waste Management Company. The nominal value of this ownership share is HUF 434.1 million.
The buyout process was initiated by two industry players: DTKH Nonprofit Kft. and KKMO Regionális Létesítménykezelő Kft. The two companies indicated their joint intention to purchase the stake to the Kiskunfélegyháza municipality back on November 11, 2025. In their official letter, they informed the city administration that they would buy the entire municipal ownership share, offering a precise purchase price of HUF 564,018,817.
The Decision-Making Process and the Tender
Following the receipt of the initial offer, the representative body had already indicated its preliminary intention to sell in a resolution passed last December. However, that resolution stipulated that the matter would be put on the agenda again only after the receipt of a final, binding offer.
This final offer arrived at the municipality on February 11 of this year, when KKMO Regionális Létesítménykezelő Kft. officially confirmed the previous letter of intent, maintaining the offered purchase price.
As the next official step in the process, the representative body decided on the method of sale on February 17:
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The shares will not be sold through a direct, closed sale but via a public tender process.
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The body also determined the minimum purchase price for the procedure, which was fixed at HUF 564,018,817, matching the exact amount of the received offer.
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To facilitate the transaction, the representative body officially waived the pre-emption rights (right of first refusal) of the other municipalities that hold ownership stakes in the company.
Technical Conditions for the Sale
Finalizing and announcing the call for tenders as soon as possible became feasible after the waste management company’s management officially informed the owners on February 27. They clarified that the tendering process for the sale could be initiated without any administrative obstacles, even without prior knowledge of the new serial numbers of the shares.
Official Sources and References:
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Original News Source (Félegyházi Közlöny): Rendkívüli testületi ülés a hulladékgazdálkodási társaság tulajdonrészének értékesítéséről
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Official Municipal Website of Kiskunfélegyháza: kiskunfelegyhaza.hu