Hiventures has invested in two leading Hungarian food processing companies, Szatmári Konzervgyár Kft. and EKO Konzervipari Kft., facilitating a generational transition and strategic restructuring to enhance market presence and innovation in the food industry.

Target Information

The venture represents a strategic restructuring effort by Hiventures, a group under MFB, to facilitate a seamless generational transition for two prominent family-owned businesses in Hungary's food industry: Szatmári Konzervgyár Kft. and EKO Konzervipari Kft. Both companies specialize in producing fresh fruits and vegetables sourced from local farms, processing their products without preservatives, and aiming for market distribution primarily within the European Union. The restructuring process involving the transfer of ownership and operational management has brought forth a new managerial perspective and a strengthened capital structure.

Investments exceeding HUF 2 billion have made it possible for these businesses to leverage potential synergies to enhance their market presence, both in export markets where they hold significant shares and on the shelves of domestic retailers. The combined annual revenue of the two companies approaches HUF 20 billion, positioning them strategically to increase their export volumes as Hiventures acquires a definitive stake in both enterprises.

Industry Overview

Hungary's food processing sector has shown resilience and growth potential, particularly in the realm of canned goods and preserved foods. This segment is characterized by a strong commitment to quality, with many brands focusing