Sukano, a leading manufacturer of additive and color masterbatches, is pleased to announce the acquisition of the majority stake in KAYS Kft., a Hungarian compounder specialized in engineering plastics. This transaction represents a significant milestone for both companies and provides crucial momentum for future growth.
Sukano’s decision to acquire KAYS Kft. is rooted in the shared vision and strategic alignment of the two companies, complementing the other perfectly in terms of the markets they serve. Sukano holds a strong position as a leading supplier in Packaging. It has been expanding into Consumer Durables, Building & Construction, Textiles, and Healthcare markets. KAYS Kft. brings a specialized focus on the Automotive, E+E, and Railway markets.
This complementary pairing combines strengths and capabilities, broadening the scope of expertise and service the Sukano group can offer. At the core of both companies is an unwavering commitment to customer satisfaction, delivering cutting-edge technology, customized masterbatch and compound solutions, and top-tier services.
With their technical knowledge and market insights, the companies offer unparalleled service for a wide range of industries and customers. Both companies are committed to sustainability, designing products that keep plastics in the loop longer. While Sukano develops products that optimize the properties of recyclates to allow higher use of recycled content in plastic applications, KAYS Kft. engineer compounds that contain significant amounts of recycled content (PIR/PCR). Both continue to drive innovation to support a Circular Economy.
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).
