DPE acquires Westfalia-Automotive

Diana Petrowicz
11 January 2011

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Private equity house Deutsche Private Equity has acquired all shares of German towbar device manufacturer Westfalia-Automotive from Odewald & Compagnie, WestLB and the other shareholders.

The investment will be used for further market expansion to Italy, the UK, Ireland and Eastern and Southern Europe and to strengthen its market position in France and Scandinavia. Furthermore, the producer of carrier systems is planning to expand its products in the sector of towbar-based carrier systems.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Diana Petrowicz on +44 20 7004 7505 or diana.petrowicz@incisivemedia.com

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