Arx and Darby acquire Gramex

Food industry executive Gerard Lenihan is also taking part in the deal.

Arx invested via its Arx CEE III fund and Darby, the private equity arm of Franklin Templeton Investments, via its Darby Converging Europe Fund III.

The funds will be used to grow the company organically through regional development.

Company
Established in 1998 and based just north of Budapest, Gramex manufactures and bottles non-alcoholic beverages under its own brands and in partnership with local and international retailers.

People
Jacek Korpala is co-managing partner of Arx.

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• Topics
• Buyouts
• CEE
• Arx Equity Partners
• Hungary