In September 2021, the partial sale of one of Hungary’s leading manufacturers of ready-to-eat salad and vegetable mixes was successfully completed. K&K Family Kft., founded in 2003 by Hungarian private individuals, processes and packs vegetables in its modern 3,500-square-meter plant in the village of Tök near Budapest. In 2020, the company’s revenue was HUF 2.81 billion and profit after tax HUF 267.5 million, most of which was generated by the international retail chains in Hungary, which make up the company’s main customer base.
The buyer is a dynamically growing Polish family company based on similar foundations, Green Factory Holding Sp.z oo. As a market leader, Green Factory supplies Poland’s largest retail chains and the HoReCa sector with ready-to-eat salads, fresh, washed vegetables and ready meals. The brand is also internationally recognized, leading in the markets of Germany, the Czech Republic, Slovakia, Ukraine and the Baltic countries.
The exclusive transaction advisor to the sellers was Concorde MB Partners.