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.
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.
MP Meta Bt was reorganized as a limited liability company (LTD), strengthening its corporate structure and market presence.
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.
MPF entered the German market by forming MPF Holding Handels Logistik Gmbh and acquired Bajai Bútoripari Kft, which was later fully reorganized.
MPF expanded its global reach by establishing a joint venture in China, strengthening its international partnerships.
Despite the global financial crisis, MPF acquired several companies, including Clarflex LTD, a leading flexible abrasive paper manufacturer.
MPF purchased Kemikál, the largest building chemical factory in East-Central Europe, from Henkel, marking its entry into the building materials industry.
MPF acquired FÉG, the region's largest convector and heating device factory, leveraging its global sales network to enter the heating sector.
Responding to global trends, MPF established MPF Holding South East Asia LTD in Singapore and closed its New York-based parent company.
MPF sold the furniture manufacturing unit of MP Borovi but retained its 30,000-m² production and logistics site for internal operations.
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.
MPF invested in expanding its factories, enabling FÉG to produce heating radiators and Widenta to broaden its abrasive product range.