AD Plastik acquires Tisza Automotive

Clairfield International advised the largest Croatian auto supplier on a crossborder acquisition. AD Plastik Group, the largest Croatian manufacturer of plastic components for the automotive industry, acquired 100% ownership of Tisza Automotive Kft., a Hungarian auto parts supplier. With this transaction, AD Plastik Group continues its strategy of international growth and expansion of its customer portfolio. AD Plastik Group now has eight production plants in five countries.

Clairfield International acted as the exclusive financial advisor to AD Plastik. In addition to making the successful approach to the target company, Oliver Nemes and Zsolt Lakatos called on their experience in the CEE region to structure the complex crossborder transaction and lead it smoothly to closing.

Read more here: 2018.09 Clairfield deal of the month AD Plastik