According to a recent announcement of one of Europe’s leading pet food manufacturers Partner in Pet Food, the company agree with Kollmax Kft.’s owner and founder Mr. Tamás Hölbling on the acquisition of the pet snack company.
They plan to complete the deal by the end of August, if official approvals or contractual closing conditions aren’t opposed to it.
Kollmax was founded in 2005 in Pécs (Hungary) and has concentrated on the production of high quality pet food snacks in order to supply hypermarkets, discounters, supermarkets, specialized pet food retailers. The pet snack manufacturer perfectly fits into PPF strengthening its geographical presence, business expansion, and the development of new products.
The acquisition of Kollmax joins PPF’s latest acquisitions of Doggy in September 2020, Landini Giuntini in January 2021 and Mispol and Werblinski in 2022.
PPF’s CEO Gerald Kuehr comments the deal:
“With its strong footprint in Hungary and Europe and successful growth, Kollmax represents a significant opportunity for us to further expand our presence in the snack category. We look forward to welcoming the Kollmax Team into the PPF family and to recognising this acquisition as another major step in the future growth and development of the business.”
Tamás Hölbling explains:
“Looking back over our last 18 years, we can be very proud of the path Kollmax went through. We have created a company which became not only a Hungarian, but also a European, player in the pet snack product category. Our success is a result of strong teamwork, and the entire team and I are very enthusiastic about joining the PPF family, thus offering the next growth phase for both of the parties.”
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