Siófok, April 2015

The Siófok based Kaona Kft., which focuses on the production of plastic products, was founded two decades ago. Besides the traditional one-component thermoplastic molding, the Company has introduced two- and three-component and gas injected thermoplastic moulding as well. In addition to injection molding, the Company is also carrying out assembling and manufacturing of complete products.

The Company employs more than 200 employees in the production halls of its two manufacturing plants of 2 000 m2 each, which are located next to each other. They work with 25 pieces of 1k, 2k and 3k moulding-machines with a 20-500 tons clamping force. Each year more than 2 000 000 assembled products are manufactured.

The investor, the French JBT Group, has a 50+ year history regarding its presence in France, Spain, Mexico and Tunisia. The Group employs more than 600 people worldwide and realizes a EUR 50+ million revenue.

Day to day management of Kaona is still carried out by the owner-independent management, which is made up of production, quality control, logistics, finance and operational leaders.

JBT identified Kaona’s growth potential in the healthcare sector as a main driver of the transaction. JBT- building on its existing contacts – will also be able to serve the Hungarian plant of their worldwide largest customer within a significant geographical proximity through Kanoa.

Concorde MB Partners acted as transaction advisor to the buyer JBT Group.

Budapest, February 2015

With its Igal-based Pek-Snack Kft. and its 100% Croatian subsidiary, the Group – presenting a turnover of 11.6 million EUR – is one of the most advanced players in the business of manufacturing frozen bakery products. It develops and sells nearly 80 commercial and private label products. In Hungary and Croatia, the Group distributes its products through more then 1800 selling points in form of Pek-Snack franchise bakeries, as well as for multinational customers.

The Company was acquired by the private equity fund Danube.

The members of the Galánta family – likewise the Company’s founders in 1998 – found further growth as well as security for the 250 employees in the leaders of the Danube Fund.

The continuity of the Company’s senior management is ensured through FMCG experience as well as the independent manager István Justin, who has been recruited by the Sellers.

Based on the Group’s very strong structural foundation – Pek-Snack has shown dynamic trading besides its ongoing expansions in recent years – the investors have thought the process through well and see further potential for strong growth through development plans after the transaction.

The advisor to the Pek-Snack sellers in the transaction was Concorde MB Partners.

Győr, January 2015

The Győr based KME-Alprosys Group with its more than 15 year professional history, has become a leading player in the domestic market for individual machines, production lines and manufacturing cells, and their elements are mainly used for planning, production, assembly, maintenance and provision of related services. With nearly EUR 10 million turnover, the Group’s customer base includes local subsidiaries of leading global car producers, electronic OEMs and Tier 1 companies, but primarily automotive suppliers.

Pannonbau Group’s history goes back more than 20 years. Main areas of activity are the construction, automotive and food distribution sector. The investor further carries out export business activities as a subcontractor in Germany, Austria and the Netherlands.

Day to day management of Alprosys is still carried out by the owner-independent management, which is made up of trading, planning and operational leaders.

The main driving force behind the investment in Alprosys is the accumulated further growth potential and the outstanding reference list of the Company. Based on these and the new owner’s relationships, the Company can become supplier of other automotive clients.

The advisor to the Alprosys sellers in the transacion was Concorde MB Partners.

May 2014

The in manufacturing of welded steel structures specialized Lakics Kft. bought a majority stake in one of the leading Hungarian companies in the area of unique steel structure design, manufacturing and installation, the Rutin Kft.

From Dél-Dunántúl, with an area of around 25 000m2, and with a production capacity of 12 000 tonnes of steel structures per year, the Rutin Kft. supplies mainly Western European and Central Eastern projects, along with a number of other foreign – oversea – references.

After the incorporation, the Group became one of the leading steel corporations in Hungary with a yearly turnover of EUR 33 million. Upholding their own profiles, the Companies will continue to produce their own products, while strengthening each other and moving into new markets.

With the investment, Rutin Kft. received an opportunity to overcome its financial problems and can now continue to further develop with stability.

Concorde MB Partners supported the seller in the preparations as well as finding potential partners for the transaction.

Budapest, February 2014

ARX Equity Partners and Darby Private Equity, the private equity arm of Franklin Templeton Investments, together with the experienced food industry executive Gerard Lenihan, have completed the buyout of Gramex 2000 Kft.

Gramex is a leading Hungarian manufacturer and bottler of non-alcoholic beverages, providing high quality products under its own brands, as well as in partnership with strong local and international retailers and A-brand producers.

ARX, Darby and Lenihan intend to grow Gramex in the coming years organically, via regional expansion.

Concorde MB Partners acted as financial advisor to the owners of Gramex Group.

With 50 years of experience and competitive professional staff, VIV Group – which functioned as the subsidiary of the German Siemens AG between 1991 and 1996 – operates as a prime contractor and provides general implementation, planning, equipment manufacturing and maintenance services in Hungary and the EU countries. The Group with country-wide coverage is primarily involved in the fields of industrial electricity, power engineering and building electricity and participates in projects that require special training and experience, including airports, military facilities and public transport infrastructure implementation.

The flagship companies of the Group with diversified services portfolio are the VIV Zrt. in Budapest and VIVBER Kft. in Bicske, of which the latter deals with large scale and complex industrial electrical equipment manufacturing and provision of related services.

The VIV Zrt. received bank financing with favourable terms to buy out Dr. András Nagyiványi and János Nagy owner-managers preparing for retirement and other no longer operationally active co-owners, and eventually to help the current operational management team of VIV Zrt. acquire stakes in VIVBER Kft. (MBI).

Concorde MB Partners was the exclusive financial advisor of the Group in the transaction.

Budapest, September 2013 

The Danube SCA Sicar, the private equity fund of Oriens IM merchant bank, purchased 100% stake in Ramirent Hungary Kft. which deals with equipment rental.

The Company is the Hungarian subsidiary of the Ramirent Group which is one of the leading equipment rental companies in Europe, listed on the the Finnish stock exchange and has operations in more than 10 countries. In 2012, sales of Ramirent Kft. amounted to EUR 7 million, operating with 13 sites.

Budapest, July 2012

Asseco Central Europe, a. s. bought the remaining 30% of shares in Hungarian GLOBENET Zrt. after fulfilment of all conditions regarding the acquisition of this shares package in GLOBENET Zrt. was concluded.

With this purchase Asseco Central Europe, a. s. controls 100% of shares in GLOBENET Zrt. and the same percentage of votes at the general shareholders meetings.

Concorde MB Partners acted as transaction advisors to Globenet Zrt and the sellers in the transaction.

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.

Budapest, November 2011

Granit Agriculture Kft, part of the trading arm of the French Axereal Group has acquired 2 grain silos in the Hungarian towns of Enying and Dombóvár for an undisclosed (between € 1 and € 5 million) consideration.

The Axereal Group is a French farmers’ cooperative, active in grain inputs, integration and storage, trading and industrial transformation, including malting, milling, animal feed, oil crushing and bio-ethanol.

Axereal has been present in Hungary since 2003, when it founded Mitemag Kft, specialised in the production and distribution of cereals, rapeseed and sunflower seed in Hungary and surrounding countries. In 2010, Axereal Group reached EUR 2.2 billion sales turnover with 3500 employees, for 13000 farmer-shareholders. Apart from Central Europe, Axereal is also present in Belgium, and the British Isles.

Concorde MB Partners advised Axereal in this acquisition transaction.