# Coveris acquires Plasztik-Tranzit Kft, enters CEE market

Coveris Management GmbH acquired Plasztik-Tranzit Kft, a Hungarian flexible packaging producer, for an undisclosed sum. The acquired company will be renamed Coveris Pirtó.

- Type: Acquisition
- Announced: 2020-03-03
- Where: Pirtó, Hungary, Hungary
- Status: completed
- Products: flexible packaging, flexo printing, extrusion, lamination, converting
- Sectors: [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Coveris Holdings](https://endata.com/companies/3076.md) (acquirer)
- [Plasztik-Tranzit Kft](https://endata.com/companies/45677.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/coveris-enters-cee-market-with-acquisition-of-plasztik-tranzit-kft-301015198.html), 2020-03-03: "We are delighted that after a two-year search we have now found the perfect CEE hub that will serve all our three Business units."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/news/business/mergers-acquisitions/coveris-enters-cee-market-plasztik-tranzit-kft-acquisition-12-03-2020), 2020-03-12: "We are delighted that after a two-year search we have now found the perfect CEE hub that will serve all our three Business units."
- [packagingnews.co.uk](https://www.packagingnews.co.uk/interest/mergers-acquisitions/page/2), 2021-04-08: "Coveris has announced the successful acquisition of Plasztik-Tranzit Kft, a specialist in high-quality flexible packaging solutions for the food industry, for an undisclosed sum."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.