Videoton acquired a new company

ventifiltVideoton group purchased 94% ownership in Ventifilt Zrt mechanical engineering company located in Hajdúnánás.  Thus Videoton’s wide range of activities was extended by industrial air technics as well as design, production and installation of equipment reducing environment contamination.  For Ventifilt the integration in the Videoton group means not only a stable financial background but also further business potential through the utilisation of synergies within the company group.
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.
One of the main strengths of Ventifilt,  having great experience in the export market, is that the company is able to make the design and production of single and small series products not only quicker and with shorter lead-times than the market average but also with  high level flexibility.
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.
Videoton’s long-term goal is to cover such wide range of technologies, services and technical solutions which makes it possible for the company group to be present in its target markets as a prime contractor offering complex solutions.