Sale of Plasztik-Tranzit

Sale of Plasztik-Tranzit Kft, a leading Hungarian producer of flexible packaging materials to Austrian Coveris Group

Sale of Plasztik-Tranzit

Sector: Packaging

Net Sales (2019):

€8.1m

EBITDA (2019):

€1.2m

Employees (2019):

70

We acted as sell-side M&A advisor to the owners of Plasztik-Tranzit, a leading Hungarian flexible packaging producer in connection with the sale to Coveris, an Austria-based strategic giant.

The company offers high-quality extrusion, flexo printing, lamination and converting services for its clients in the food, agricultural and logistics sectors in Hungary and the neighbouring countries.

Coveris is a leading European packaging group operating in 25 sites with 4,200 employees in the EMEA region. The group manufactures flexible packaging solutions for the food, pet food, medical devices, industrial and agricultural sectors. The acquisition of Plasztik-Tranzit is part of Coveris’s expansion strategy and enabled Coveris to successfully enter into the CEE region.

 

What our client said:

„During our cooperation, advisors of Invescom had continuously acted with exceptional expertise, client-focus and the quality of their service highly exceeded the professional standards.”

Tiborné Papp, former owner of Plasztik-Tranzit