Budapest – CFI Hungary is pleased to announce that they acted as financial advisor to B-Investments Kft. in the sale of 50% of its subsidiary Plastic-Form Kft. to A2 IT Arago Zrt., through a combination of SPA and capital increase.
A2 IT Arago Zrt. is a holding company owned by Tamas Leisztinger a sector agnostic Hungarian investor, considered to be among the 20 wealthiest Hungarians.
B-Investments is the family holding of the Burai family, founders of Plastic-Form Kft.
Plastic-Form Kft. is manufacturer of injection moulding and blow moulding tools for the automotive industry located in Debrecen. The company has been founded in 2001 and considered to be market leader in Hungary.
The transaction closed on 6 November 2020.
€ 6 000 000
loan to finance investments and current assets
The assets and the operational business of
have been sold to
a private investor