PRESS RELEASE
Zurich, 1. February 2024 – Proventis Partners advised Sukano on its acquisition of the majority stake in KAYS Kft..
The transaction
Sukano, a leading manufacturer of additive and color masterbatches, is pleased to announce the acquisition of the majority stake in KAYS Kft., a compounder specialized in engineering plastics. This transaction represents a significant milestone for both companies and provides crucial momentum for future growth.
The decision to acquire is based on the strategic alignment of both companies and their shared vision for the future. Through this transaction, the parties aim to combine forces and expertise, expressing confidence that this development will contribute to a stronger and more successful organization. Both companies will continue their operations independently, ensuring a seamless transition for all stakeholders involved.
Proventis Partners acted as exclusive M&A advisor to the buyers throughout the entire process. The Proventis Partners transaction team consisted of Dr. Uwe Nickel (Partner) and Artur Maibach (Associate).
About Sukano
Sukano, founded in 1988 and headquartered in Switzerland, is a family-owned global specialist in the development and production of additive and colour masterbatches and compounds for polyesters, biopolymers, and speciality resins. The company is driven by expertise and devotes its technical knowledge to developing innovative products and highly specialized solutions that go into Packaging, Consumer Durables, Building and Construction, Healthcare, and Textiles.
With manufacturing facilities in Switzerland, USA and Malaysia, Sukano is able to leverage its global knowledge base to provide outstanding local support, creating additional value for customers through flexibility, reliability, and highly specialized solutions.
For further information about Sukano please refer to www.sukano.com
About KAYS Kft.
KAYS Kft., founded in 2004, is a family-owned company in Hungary specializing in the compounding of engineering plastics with recycled content and high-quality standards for the European market.
The company employs innovative solutions, and a wealth of experience and expertise to manufacture products of the highest quality for specific applications. Sustainability, efficient resource utilization, and environmentally conscious thinking are firmly embedded in the company's culture.
For further information about KAYS Kft. please refer to www.eng.kays.hu
About Proventis Partners
Proventis Partners is a partner-led M&A advisory firm whose clients are mainly medium-sized family-owned companies, corporate groups as well as private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the leading independent M&A advisory firms in the German-speaking region and looks back on more than 20 years of M&A experience and over 430 completed transactions. With offices in Frankfurt, Hamburg and Zurich, Proventis Partners is active across various sectors, including Industrials, Chemicals & Materials, Business Services, Technology & Media, Consumer & Retail and Healthcare. The exclusive membership in the Mergers Alliance - an international partnership of leading M&A specialists - enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The Mergers Alliance members with their more than 250 M&A professionals provide Proventis Partners and thus its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa.
For further information about Proventis Partners please refer to www.proventis.com
Locations of offices in Switzerland and Germany:
Office Zurich:
Feldeggstrasse 58
CH-8008 Zurich
Tel.: +41 44 536 36 30
Office Hamburg:
Große Johannisstraße 19
D-20457 Hamburg
Tel.: +41 40 360 9759-0
Office Frankfurt:
Bockenheimer Anlage 46
D-60322 Frankfurt
Tel.: +49 69 870 093 971
Responsible partner for enquires:
Proventis Partners AG Dr. Uwe Nickel
Feldeggstrasse 58 Partner
8008 Zurich Phone: +41 79 404 6866
www.proventis.com E-Mail: u.nickel@proventis.com
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