“Over the past year, we have completed the acquisition of four companies, accelerating the growth and diversification of our operations while strengthening our position in the markets we operate,” said Catalin Vasile, Aquila CEO.
“We are pleased to welcome Kitax into the Aquila family and to collaborate with the company’s founders, Ida and Stefan Ozsvald, who will remain involved to support a smooth transition and the consolidation of the business in the Hungarian market. Kitax is a strong business with a modern logistics infrastructure and a diversified product portfolio, which will allow us to leverage synergies and accelerate regional growth.”
Kitax Kft is one of the top five distribution companies in its field with nationwide coverage in Hungary and EUR10 million revenue.
(English version by Loredana Fratila-Cristescu)