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
Festive dinner for four people in one package
Between November 15 and 17, the volunteers of the Magyar…
Read more >How does the star chef of Konyhašefős enter into a partnership with Kifli.hu
The online supermarket Kifli.hu has become the professional partner of…
Read more >The Hall of HelloParks Fót was the first in Hungary to obtain EU sustainability certification
The warehouse hall FT1 of HelloParks, an industrial real estate…
Read more >