Hungarian, Adolf Schwarz, Coconut Fibre Spinning Factory Seal

Hungarian, Adolf Schwarz, Kókuszfonógyár (Coconut Fibre Spinning Factory) Seal, Image & Found by Peter Molnar.
Found in Hungary, 16mm, 3.1g.

KOKUSZFONOGYAR. // SAR(YIE?), SCHWARZ*ADOLF around

Appears to be for a coconut fibre spinning factory. No suitable Adolf Schwarz has been found.

From Michel Royer, "May be : Adolf Schwarz - SARVAR (Sárvár, Hungary) seems to be the central legend on the side of the name".