Background
Crafting excellence since 1976

About MPF Holding

We are a global leader in providing innovative solutions across various industries. Our commitment to excellence and sustainability drives us to deliver high-quality products and services that meet the evolving needs of our customers.

Firm History

Foundation of Plastik Műanyagipari Kisszövetkezet

1976

A group of entrepreneurs, including Csaba Felcsuti, founded Plastik Műanyagipari Kisszövetkezet, focusing on metal and plastic products for Hungarian industry. Csaba Felcsuti later established METALPLAST Gmk, specializing in similar products.

Establishment of MP Meta Bt and First Brand Launch

1994

Csaba Felcsuti and his son founded MP Meta Bt, introducing the company's first brand. MP Meta's machine accessories soon became available in European handicraft stores.

Transition of MP Meta Bt to Limited Company

1998

MP Meta Bt was reorganized as a limited liability company (LTD), strengthening its corporate structure and market presence.

Acquisition of Widenta and International Expansion

2003

MP Meta acquired the Romhány-based Widenta factory, the largest grinding tool producer in the region. The company became MPF Holding Logistic and Sales LTD, and established MPF Holding LLC in New York as the group's parent.

Expansion into Germany and Furniture Industry

2005

MPF entered the German market by forming MPF Holding Handels Logistik Gmbh and acquired Bajai Bútoripari Kft, which was later fully reorganized.

Formation of Chinese Joint Venture

2006

MPF expanded its global reach by establishing a joint venture in China, strengthening its international partnerships.

Strategic Acquisitions During Financial Crisis

2008

Despite the global financial crisis, MPF acquired several companies, including Clarflex LTD, a leading flexible abrasive paper manufacturer.

Entry into Building Materials Sector with Kemikál

2009

MPF purchased Kemikál, the largest building chemical factory in East-Central Europe, from Henkel, marking its entry into the building materials industry.

Acquisition of FÉG and Entry into Heating Industry

2010

MPF acquired FÉG, the region's largest convector and heating device factory, leveraging its global sales network to enter the heating sector.

Reorganization and Southeast Asian Expansion

2012

Responding to global trends, MPF established MPF Holding South East Asia LTD in Singapore and closed its New York-based parent company.

Divestment of MP Borovi's Furniture Manufacturing

2016

MPF sold the furniture manufacturing unit of MP Borovi but retained its 30,000-m² production and logistics site for internal operations.

Expansion of Asian Supply Chain Operations

2017

MPF set up subsidiaries in Malaysia—MPF Industrial Ltd and MPF Trade and Logistics Ltd—to manage production and trade, while Singapore operations focused on holding activities.

Factory Expansions in Heating and Abrasives

2019

MPF invested in expanding its factories, enabling FÉG to produce heating radiators and Widenta to broaden its abrasive product range.

Subsidiaries

Financials

Revenue
>150 million EUR
EBITDA
>20 million EUR

Shareholders

88% Zsolt Felcsuti
12% Management

European Abrasives Leader

Leading the European Abrasives Industry

Widenta is one of the largest manufacturers of industrial abrasives in Europe, specializing in cutting-edge grinding tools and sanding products.

High-Quality Grinding Tools

Quality and Performance

Widenta's Central European factories produce a broad range of tools for surface grinding, cylindrical grinding, gear grinding, valve grinding, sharpening, and cutting. The company also distributes industrial minerals, including abrasive grains.

Over 80 Years of Excellence

Founded in 1938 by Ferenc Chorin

Widenta has a legacy of over 80 years in abrasives manufacturing and is now a recognized brand across Europe and beyond for its reliability and industrial excellence.

Financials

Revenue
>300 million EUR
EBITDA
>40 million EUR

Shareholders

88% Zsolt Felcsuti
12% Management

Innovative HVAC Solutions

Innovative Climate Control

FÉG is a major HVAC industry player with a diverse product portfolio, including heat pumps, renewable energy systems, gas valves, and air conditioning products.

Tailored HVAC Products

OEM and Branded Excellence

FÉG serves a wide customer base through OEM and private label manufacturing as well as its own brand, offering tailored HVAC solutions for global markets.

Reliable HVAC Innovation

Reliable Innovation

With a reputation for durable products and partnerships with international distributors, FÉG continues to lead through quality, innovation, and strong market presence.

Financials

Revenue
>500 million EUR
EBITDA
>40 million EUR

Shareholders

88% Zsolt Felcsuti
12% Management

Innovation and Excellence

Global Home Improvement Leader

MPF META is a leading global provider of home improvement goods, serving both professionals and DIY customers with innovative tools and equipment.

From Local to Global

From Central Europe to Global Reach

Founded in 1994 by Zsolt and Csaba Felcsuti, MPF META has grown from a local business to a global leader in hardware and tool distribution.

Decades of Innovation

Built on Generations of Innovation

With roots dating back to 1976, MPF META has evolved through decades of entrepreneurship, building a strong reputation for quality, reliability, and customer satisfaction.

Board of Directors

Zsolt Felcsuti

CEO, Major Shareholder

Csaba Bálint

Co-CEO, Chief Business Officer, Shareholder

Péter Körmöczi-Kovács

Chief Financial Officer, Chief Legal Officer, Shareholder

Zoltán Madarász

Operations and HR Director

Miklós Fazakas

R&D Director

Magdolna Tüskevári

Corporate Secretary, Production Director, Abrasives

József Bödő

Production Director, HVAC

Ibolya Máté Bartol

Managing Director of Accounting and Administration

Ágnes Steer Kiss

Managing Director of Accounting and Administration

Zoltán Fodor

Director of Industrial Real Estate Management

Corporate Social Responsibility

At MPF Industry Group, we are committed to making a positive impact on society and the environment. Our Corporate Social Responsibility (CSR) initiatives focus on sustainable development, community engagement, and ethical practices. We believe in creating value not just for our shareholders but also for the communities we serve.

Empowering individuals and driving economic growth.

Job Creation & Economic Impact

Our company directly and indirectly provides jobs for hundreds of people, contributing to the development of the regions and the countries where it has interests. We are committed to fostering sustainable economic growth. We strive to create opportunities that empower individuals and uplift communities.

Protecting the planet for future generations.

Environmental Commitment

We believe that it is important to have a nice environment around our production and logistical bases; for this reason, we often spend time and money on improving our surroundings. Protecting the planet is at the core of our values. We continuously seek innovative ways to reduce our environmental footprint.

Inspiring creativity and fostering teamwork.

Cultural & Sports Support

Our support of diverse cultures and sports has always been part of the MPF Group's policy. We mainly contribute to the development of an active social life in the surrounding environment of each of our sites. Encouraging creativity and teamwork is our priority. We aim to inspire future generations through our initiatives.

Building strong relationships with communities.

Local Community Engagement

We make efforts to support each local community and stand for local initiatives since the results and the feedback have direct effects on our company. Building strong relationships with communities is essential to our mission. We are dedicated to making a lasting positive impact in every community we serve.

Quality Policy

Our commitment to quality ensures that we meet and exceed the expectations of our customers.

Commitment to excellence in every step.

Highest Quality Standards

At the MPF Group, we manufacture and sell our product lines in accordance with the highest and strictest product quality standards for all our customers. This reflects our commitment to excellence in every step of our process.

Global quality through global standards

ISO 9001 Certified Production

The ISO 9001 standard-type operation guarantees high-quality production and supervision in our factories. This ensures that our workflows are efficient and consistently meet global standards.

Seamless coordination for timely delivery.

Superior Logistics & Service

The service quality of our products is guaranteed by the MPF Group's logistical base, ensuring modern storage, merchandise receipt, and transportation norms, as well as favorable financing service. We emphasize seamless coordination to deliver on time, every time.

Exceeding expectations through innovation.

Customer Satisfaction

We prioritize customer satisfaction by continuously improving our products and services based on feedback and market trends. Our approach is centered on understanding and exceeding customer expectations.