M&A Deal Summary

Coveris Group Acquires Plasztik-Tranzit Kft

On March 3, 2020, Coveris Group acquired packaging company Plasztik-Tranzit Kft

Acquisition Highlights
  • This is Coveris Group’s 11th transaction in the Packaging sector.
  • This is Coveris Group’s 1st transaction in Hungary.

M&A Deal Summary

Date 2020-03-03
Target Plasztik-Tranzit Kft
Sector Packaging
Buyer(s) Coveris Group
Deal Type Add-on Acquisition

Target

Plasztik-Tranzit Kft

Pirtó, Hungary
Plasztik-Tranzit Kft is a flexo printing-packaging producer offering modern in-house capabilities including extrusion, state-of-the-art flexo printing, lamination and converting in both Hungary and neighboring markets. Plasztik-Tranzit Kft was formed in 1985 and is based in Pirtó, Hungary.

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Buyer(S) 1

Buyer

Coveris Group

Vienna, Austria

Category Company
Founded 2013
Sector Packaging
DESCRIPTION

Coveris is a global plastic packaging company formed by the combination of Exopack, Britton Group, Kobusch, PACCOR and Paragon Print & Packaging, the company is an established leader in the development, manufacture, and sourcing of flexible and rigid plastic and paper packaging, as well as coatings solutions for various consumer and industrial end-use markets. Coveris was founded in 2013 and is based in Vienna, Austria.


DEAL STATS #
Overall 14 of 14
Sector: Packaging M&A 11 of 11
Type: Add-on Acquisition M&A Deals 10 of 10
Country: Hungary M&A 1 of 1
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-31 Amberley Adhesive Labels

Dorset, United Kingdom

Amberley Adhesive Labels Ltd. is a manufacturer of high quality self-adhesive labels by implementing innovative and world class labelling solutions. Amberley Adhesive Labels Ltd. was founded in 1978 and is based in Dorset, United Kingdom.

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