STI on Growing Path: Takeover of Petöfi, Hungary
After a strong increase in turnover in 2006 of more than 10%, STI Group Lauterbach, Europe´s number 1 producer of displays and a major player in the packaging sector, announces further expansion.
On
1st of June 2007, STI acquired from M Real Group Petöfi Nyomda Kft., Hungary´s
leading producer of folding boxes and micro-flute corrugated cartons in eastern
Europe.
Petöfi
Nyomda Kft. is located in Kecskemét, near Budapest and employs 420 people, with
a turnover of 40 million € in 2006. It was founded in 1840 and its key market
segments are branded foods, pharmaceuticals, tobacco and consumer electronics
in Hungary, Slovakia and Romania.
Related news
Related news
Change of leadership at the head of Henkel’s Hungarian Consumer Brands business
Maurizio Salvaggio will be the new Head of Consumer Brands…
Read more >The BioTechUSA group was able to grow despite market challenges
The purely domestically owned BioTechUSA group has published its annual…
Read more >KOMETA has been renewed – Good food for a good life
Buona vita!, meaning good life, has become the slogan of…
Read more >