# Sukano acquires majority stake in KAYS Kft.

Sukano, a manufacturer of additive and color masterbatches, acquired a majority stake in KAYS Kft., a compounder specialized in engineering plastics. The companies will continue operations independently.

- Type: Acquisition
- Announced: 2024-03-21
- Where: Hungary
- Status: announced
- Products: additive masterbatches, color masterbatches, engineering plastics
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Sukano](https://endata.com/companies/14616.md) (acquirer)
- [KAYS Kft.](https://endata.com/companies/75414.md) (target)

## Sources

- [proventis.com](https://proventis.com/en/transactions/proventis-partners-advised-sukano/), 2024-03-21: "This transaction represents a significant milestone for both companies and provides crucial momentum for future growth."

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