At the beginning of July 2020, KRS Holding Kft. and two Hungarian private individuals acquired the 100% share of Vertesz Elektronika Kft.
Founded in 1996 and operating for more than 60 years through its legal predecessors, Vertesz Elektronika Kft. primarily deals with the development, measurement, installation and maintenance of measuring equipment. In addition, the Company provides self-developed, complex systems for the remote control of medium voltage energy distribution systems and for the accurate measurement of energy consumption in the field of energy management. The Company primarily sells its products and system solutions to energy suppliers, power plants and larger industrial companies. The owners wanted to put the operation of the Company in safe hands due to retirement.
The investment group consists of two electrical engineers – led by KRS Holding Kft., operating in the field of energy construction and operation-, who want to further develop and actively manage the Company using their previous professional and management experience.
The exclusive transaction advisor of Vertesz Elektronika Kft. was Concorde MB Partners.
