In March 2024, the sale of 100% of the shares of Pandan Kft., a leading Hungarian flexible packaging manufacturer, to a Hungarian private investor was completed.

Pandan Kft. has been a major player in the Hungarian packaging industry for almost 30 years. With its continuously renewed machinery, it offers its customers a wide range of flexible colour printing solution, including various films and pouches, and has a stable export sales. Among its customers there are players of the meat, dairy and confectionery industries.

The company was acquired from two private owners by a Hungarian private investor. IMAP Hungary acted as exclusive transaction advisor to the sellers.