Advised on Sale of CompanyIndustrials
Acquired 100% of Business Operations
In December 2021, the sale of 100% of Schneider Kft.'s business to a group of Hungarian private investors was successfully completed.
Schneider Kft. has been involved in the production and maintenance of fixed cranes since 1991: it provides its customers with a wide range of overhead cranes, rotary cranes, overhead cranes, and chain hoists and parts. In the past 30 years, the company group has grown into one of the leading companies in the regional market in its industry, in addition to the local activities of its Romanian subsidiary, it is also active in other European countries, so it is a recurring player in, for example, the Bulgarian, Russian, German or Swiss markets.
Prior to the transaction, the company group was owned by the founding Austrian and Hungarian private individuals, their business shares were sold to a group of Hungarian private investors.