
Jet Investment acquires Benet Automotive
Czech GP Jet Investment has wholly acquired Benet Automotive, a Czech manufacturer of components for the automotive industry.
Under its new owners, the car components manufacturer plans to expand its plastic components production and development.
The Brno-based GP deployed capital from its Jet I buyout fund to acquire the business from its previous owners, Swiss BA Group and founder Josef Zajíček.
The fund closed on CZK 3.2bn. Benet is the seventh investment from the fund.
Company
Based in Mlada Boleslav, Benet was founded in 1993 as a vendor of spare parts for cars. In 2004, the company started specialising in the wholesale supply of aluminium discs and related accessories. Today it also manufactures plastic and carbon exterior components. It employs 650 staff and generated a turnover of CZK 820m in 2016.
People
Jet Investments – Igor Fait (managing partner).
Benet Automotive – Josef Zajicek (founder).
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