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
We mostly stock up on sandwich ingredients
Baked goods, cold meats, ham, salami and some kind of…
Read more >Eisberg’s campaign to encourage healthy eating has started
We should consume at least five servings of vegetables or…
Read more >BH AgrárTrend Index: the outlook for the Hungarian food industry has stabilized
The assessment of the situation of the actors of the…
Read more >