Mid-size Hungarian manufacturer of stainless steel products for sale

Jurisdiction Industry Transaction Considered Market Positioning No of Employees Estimated Value of the Transaction Contact Person
hungary Steel processing sale 350 10 million € Dr. Ádám Illés

Established in 1949, the company is a stable player on the European market and a well-known specialist of stainless stell products tailor-made for the horeca sector and hospitals. Major customers include Rational AG, NORKA GmbH and Blanco GmbH from Germany and Nilfisk from Denmark.

The company employs around 350 FTE and achieved in 2019 a turnover of € 20 million. Due to COVID, the turnover dropped by 20% but because of new orders, the company increased the number of FTE by 10% since the beginning of 2021. The company EBITDA has been around 10% of the net turnover in the past years.