Budapest – CFI Hungary is pleased to announce that they acted as exclusive corporate finance advisor to Kiss és Társa Holding Kft. when the company sold it’s manufacturing facility to Variance Kft.
Kiss és Társa Kft. is the manufacturer of metal components for agricultural machinery. It serves Austrian and German clients.
Kiss és Társa Holding Kft. is the family office of the Kiss family. The founders are the husband and wife who decidede to sell the business due to lack of proper succession possbilities.
Variance Kft. is owned by a private individual, whose portfolio is active in different industries.
The transaction closed on 18 November 2019.
Valuation services to
to facilitate its domestic expansion strategy roll-out and business optimization
has undergone a refinancing of its working capital debt portfolio