In December 2021, the sale of the 100% stake of Schneider Kft. to a group of Hungarian private investors was successfully closed.
Schneider Kft. has been engaged in the production and maintenance of fixed cranes since 1991 by providing its customers with a wide range of travelling and jib cranes, HB-systems, chain hoists and other parts. Over the past 30 years, the group has grown into one of the industry’s leading companies in the regional market, with – in addition to the local operations of its Romanian subsidiary – active presence in other European countries, such as Bulgaria, Russia, Germany and Switzerland.
Prior to the transaction, the group was owned by the founding Austrian and Hungarian private individuals, whose shares were sold to a group of Hungarian private investors.
Concorde MB Partners was the exclusive transaction advisor of the sellers.
