Sell-side advisory to the owners of Powerpak Kft
Ács Zoltán2023-05-25T15:38:07+00:00The selling of PowerPak Kft. engaged in the outsourced packaging of household and cosmetics goods was successfully completed in August 2019.
The company was founded as an advertisement and marketing agency in 1993. Five years later, they were looking for new challenges when facing the efforts of big Western European conglomerates of the household and cosmetics industry to outsource the production of their products. By now, PowerPak Kft. has grewn into a company of an annual price revenue exceeding HUF 2 billion, engaged in oursourced production serving multinational clients.
100 employees of the factory mix, fill and pack the biggest household and cosmetics brands on a store and production area of more than 3,000 suqare metres, producing and selling more than 100 million products annually.
Shares of the Company were sold to Dymex Group, selling parts for global heavy industry clients in Asia, Europe and the USA. The major owner of Dymex Group is Zsolt Márkus, who used to be production process manager with GE, business development manager with Waberer’s and Managing Director with Rexel Group. In the last five years, he was owner and Managing Director of Veresi Paradicsom Kft. Besides Dymex, too.
During the acquisition process, the exclusive transaction advisor of PowerPak was Concorde MB Partners.