Faller Packaging acquires Hungarian peer Pharma Print

Awards

German pharmaceutical packaging maker Faller Packaging has announced the acquisition of Hungarian peer Pharma Print, according to state news agency MTI.

Photo by By Torjrtrx/Shutterstock.com

“Our management team studied Pharma Print for several months and was impressed by the quality of its products, its strong growth potential and compatible company culture,” managing partner Michael Faller said in a press release. Faller Packaging did not disclose the price of the acquisition.

Family-owned Pharma Print employs 70 people. It is based in Debrecen (233 km east of Budapest). Pharma Print had net sales revenue of HUF 1.2 billion (some EUR 3.6 million) last year, public records show.

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Chain Bridge to be closed for traffic for 18 months City

Chain Bridge to be closed for traffic for 18 months

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.