Sale of KTT

Sale of a Hungarian manufacturer and distributor of sealing products to Swedish Axel Johnson Group
Sell-side advisor
Sector: Industrials
Net Sales (2020):
€6.1m
EBITDA (2020):
€1.1m
Export countries:
10+

We acted as sell-side advisor to the founder of KTT Kubinszky Tömítéstechnika, a provider of sealing products, in connection with the Company’s sale. Following an international tender process, Axel Johnson Group (Sweden), a prominent supplier of niche industry segments, became the Company’s new owner.

In its 40 years of operations, KTT has become a leading regional player in the field of sealing products. The Company manufactures and distributes radial shaft seals, pneumatic seals and other metal-rubber products. The Company’s international blue-chip customer base consists of OEMs and aftermarket suppliers in various industries (automotive, industrial automation, etc.). Via its high value-added manufacturing and complementary services, the Company primarily caters for the premium market segments.

The new owner is committed to the fostering of the Company’s continued growth and development, whilst retaining and respecting its existing values and culture. KTT can now reach a new phase of development capitalizing on the business network, know-how and support provided by Axel Johnson Group.

 

What our client said:

“In the past 40 years, ever since founding the company, I did almost everything by myself. However, when I decided to sell the business, I turned to Invescom for support. Looking back, this was the best decision of those 40 years. Since then, many of my friends and business partners asked me about the process of selling a business. My first reaction is always: „Just don’t make the mistake of trying to run a sale process on your own without engaging a professional team like Invescom”. After 40 years in the business I was certain that I knew best who could be the ideal buyers – Invescom brought a much better one!”

János Kubinszky, founder, KTT Kubinszky Tömítéstechnika