# Senata GmbH acquires Parat Group, a plastics specialist

Senata GmbH, a family-owned group from Freising, Germany, has acquired Parat Group, a plastics specialist based in Neureichenau, Germany, with operations in Hungary, Romania, and China. The deal includes 1,000 employees and annual revenue of €110 million.

- Type: Acquisition
- Announced: 2024-09-17
- Where: Neureichenau, Germany, Germany
- Status: completed
- Products: plastic products
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Parat](https://endata.com/companies/67984.md) (target)
- [Senata GmbH](https://endata.com/companies/79883.md) (acquirer)

## Sources

- [pnp.de](https://www.pnp.de/lokales/landkreis-freyung-grafenau/parat-hat-neuen-eigentuemer-17014685), 2024-09-17: "Die Senata GmbH der Familie Folger aus Freising übernimmt das Unternehmen mit Hauptsitz in Neureichenau (Landkreis Freyung-Grafenau) sowie dessen Niederlassungen in Ungarn, Rumänien und China mit insgesamt 1000 Beschäftigten und einem Umsatz von 110 Millionen Euro."

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