Funds managed by CapMan Buyout have agreed to sell their holdings in Fortaco Group to the private equity firm One Equity Partners.
The acquisition will empower the further development of the current and new offering, including areas to strengthen value creation to customers, and to provide means for further international expansion of Fortaco.
Becoming a member of the One Equity Partners family is something we are very honored about, and it will support our journey in realizing the true potential of Fortaco as the leading business partner of technology, vehicle cabins, steel fabrications and assemblies.
We want to give our best acknowledgement to CapMan for all their strategic support that has enabled the growth created under their ownership. CapMan was one of the initiators in the formation of Fortaco ten years ago.
We are grateful for all our global customers, business partners, and the Fortaco team for the highly qualified performance reached together.
Let us continue to have the way forward.
Read the whole press release here.
