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Electronics Production |

Videoton acquires a new company

Videoton group purchased 94% ownership in Ventifilt Zrt mechanical engineering company located in Hajdúnánás (Hungary).

Since its establishment Ventifilt has been involved in the machine industry business segment, it supplies complex solutions to the domestic industrial air technology. Within machine production the company deals with industrial air technics and related to the cleanness of air the design, production and on-site installation of equipment reducing environment contamination; supplementary noise and vibration isolation solutions meeting the environmental regulation;  on site air technical measurement and advisory; production of single welded metal constructions and equipment. The company having almost 1 billion HUF income last year is a market leader in Hungary in this business segment. The investment fits in Videoton’s strategy – to acquire exportable, small and medium size Hungarian companies at high technical level – well. Videoton is interested in making further steps in this industrial segment, especially in case the first experiences with Ventifilt will be positive.

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