On January 16, 2025, the sale of 100% of the business shares of Technocar-MC-2003 Kft. to Lumen Holding Kft. was successfully completed.
The company’s activities cover almost the entire spectrum of metalworking, including CNC and conventional machining, TIG, MIG, laser, manual, and robotic welding, pressing and stamping, press breaking, sheet metal roll & tube bending, flame cutting, grit & sand blasting, wet painting. Production takes place at three locations, with a workforce exceeding 200 employees, manufacturing more than 1,500 different, mainly high-precision products in small and medium production series.
From the very beginning, Technocar’s philosophy has been to provide high-quality, comprehensive, and flexible services to international clients. As a result, nearly all of the Company’s revenue comes from export sales, with key clients being large multinational corporations with whom it has maintained relationships for decades. Despite its name, Technocar does not have automotive industry customers.
The Buyer, Lumen Holding, is an investment company founded by Hungarian private individuals. In recent years, its ownership group has acquired stakes in several industrial enterprises with the aim of leveraging their expertise to further grow and develop these companies.
The exclusive transaction advisor for Technocar-MC-2003 Kft. was Concorde MB Partners.