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Kautex Maschinenbau has new investors

Source:ringier Release Date:2013-03-01 141

Capiton AG is the latest shareholder in the Kautex Group. With this new shareholding, the Berlin-based investors are taking over from former shareholders Steadfast Capital. In March 2007 Steadfast Capital joined together with five members of the management team to buy out 100 percent of the shares held by the Munich-based investment firm Adcuram AG. The latest change of shareholders was approved by Germany’s Federal Cartel Authority on 18 January 2013. Since leaving the SIG Group in 2004, Kautex Maschinenbau has grown steadily to become the international market leader, with sales in excess of €100 million. Kautex Maschinenbau is at home in every area of extrusion blow muolding technology, including automotive applications (such as fuel tanks), packaging and other specialised fields. www.kautex-group.com

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