Budapest, February 2012
ISVH Ltd, that provides induction and shielding gas heat treatment services to the Hungarian auto industry, was acquired by a consortium of financial and strategic investors. Founded in 1989, inheriting the activities of the heat treatment division of state owned „Machine- ToolWorks” is a dominant player of the heat treatment market in Hungary. The company was acquired by a consortium of Docler Investments Ltd. and the former CEO and CFO of Rába Plc, László Steiner and Péter Lengyel.
The sellers of ISVH were advised by Concorde MB Partners and Lendvai and Szörényi Solicitors.