SOCIETEX CORPORATE FINANCE has advised LDC Group in its external growth project in Hungary with the acquisition of TRANZIT GROUP
About Societex
- SOCIETEX CORPORATE FINANCE (France) and MB Concorde (Hungary) support LDC in the acquisition of TRANZIT GROUP in Hungary.
- The companies TRANZIT FOOD and TRANZIT KER are specialized in geese and ducks and realize a 108M€ consolidated turnover of which 60% is realized abroad.
- TRANZIT GROUP, a family group whose second generation is now in command, has 1 hatchery, 46 farms (representing 300 000m² of breeding area), 2 food factories and 2 slaughterhouses mainly dedicated to ducks and geese. A new chicken activity was developed in the spring of 2017.
- This transaction is friendly and represents a true association with the founding family of TRANZIT GROUP, which will continue to drive growth. A base of common values of family governance within the two groups will reinforce the project (LDC is nearly 75% owned by family shareholders).