Poultry company Master Good acquires peer Sága


Hungarian-owned poultry company Master Good has acquired 100% of local peer Sága, Master Good said on Monday, without revealing the price of the transaction, state news wire MTI reports.

The acquisition has been approved by the Competition Office (GVH), Master Good said.

Master Good, based in Kisvárda (NE Hungary), accounts for more than 40% of Hungary poultry and poultry processing output. It employs almost 2,000 people.

Sága, based in Sarvar (W Hungary), is market leader on the local market for further processed poultry products.

Master Good owner László Bárány said the acquisition fits well with the companyʼs strategy of broadening its product palette.

Master Good had net sales revenue of HUF 61.6 billion in 2018, public records show.

Sága had turnover of HUF 9.5 bln in 2018. It was earlier owned by U.K.-based Bernard Matthews Foods.


MKB Q1-Q3 Earnings Climb 16% Banking

MKB Q1-Q3 Earnings Climb 16%

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

European Shoppers Reveal Holiday Habits  Retail

European Shoppers Reveal Holiday Habits 

Hard Rock Hotel Opens 'Star Chalet' for Winter Season Hotels

Hard Rock Hotel Opens 'Star Chalet' for Winter Season


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.